1246 Alpine AVE NW, City Of Grand Rapids, MI 49504
1246 Alpine AVE NW, City Of Grand Rapids, MI 49504
1246 Alpine AVE NW, City Of Grand Rapids, MI 49504
1246 Alpine AVE NW, City Of Grand Rapids, MI 49504
1246 Alpine AVE NW, City Of Grand Rapids, MI 49504
1246 Alpine AVE NW, City Of Grand Rapids, MI 49504
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$ 370,000
Est. payment | /mo

6,098 Sqft Lot


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$ 370,000
Est. payment | /mo
Save

6,098 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65026028898

Year Built 1910

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

Property Description

An opportunity to own two duplexes on one parcel in Grand Rapids' booming West Grand neighborhood! This strategically priced four-unit multifamily asset is generating $3,695 per month in gross rents, providing investors an attractive entry point into the thriving rental market. The front duplex offers a 2-bed/1-bath lower unit and 3-bed/1-bath upper unit with newer roof and vinyl siding. The rear duplex includes a 1-bed/1-bath lower unit and 2-bed/1-bath upper unit with additional upside potential through future improvements. Conveniently located near downtown Grand Rapids, Alpine Avenue, Bridge Street, shopping, dining, breweries, and neighborhood amenities, making it attractive to both current and future tenants. A rare opportunity to acquire a four-unit investment property in one of the city's fastest-growing rental markets. Looking for more? 1242 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Fireplace No

Exterior

Utilities Available ElectricityConnected, NaturalGasConnected, SewerConnected

View Y/N No

Building

Foundation MichiganBasement

Sewer Public Sewer, Sewer At Street

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Realcomp MLS
Listed by Kyle P Naumann of Edison Brokers & Co LLC

Schools and Properties Nearby

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1246 Alpine AVE NW