939 Prospect Avenue NE, Grand Rapids, Michigan, 49503
0.10 Acres
5 bd
#26020372
Up/down duplex opportunity in one of Grand Rapids' most desirable rental corridors. This multi-family property features two units, including a 3-bedroom, 1-bath upper unit and recent rents at $1,395. The main level offers a 2-bedroom, 1-bath with recent rent of $1,295. Both units are vacant allowing an investor to immediately set market rent or an owner-occupant to move in while offsetting their mortgage. Major capital improvements have already been completed, including a new roof, replacement windows, updated electrical with separate meters and panels, and an updated upper unit bathroom. While there is no in-unit laundry, the property features off-street parking in the rear with alley access, adding convenience and tenant appeal. Located within walking distance to Belknap Park and Griffs Icehouse and less than a mile from the Medical Mile. Easy access for showings. Property management can remain in place making this a truly turn key opportunity.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected
- Water Source : Public
- Sewer : Public Sewer
- Parking Features: Paved
- Parking Total: 2
- Zoning Description : RES
- Heating on Property:
- Heating : Natural Gas, Forced Air
- Construction Materials: Aluminum Siding
- Roof: Composition
- Road Surface Type: Paved
- Basement Description : Full
- Basement on Property:
PROPERTY DETAILS
ID: 26020372
Status: Active
Price: $249,900
Acres: 0.10 Acres
Price Per Acre: $2,499,000
Type: Multi-family
Address: 939 Prospect Avenue NE
City, State: Grand Rapids, Michigan
County: Kent
Zip Code: 49503
Lat/Long: 42.980525, -85.66114
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