Ignite FB Tracking PixelAnother Property Sold - 852 3rd Street NW, Grand Rapids, MI 49504 - Terry Puffer

Another Property Sold - 852 3rd Street NW, Grand Rapids, MI 49504

by Terry Puffer 12/27/2024

852 3rd Street nw, Grand Rapids, MI 49504
MultifamilySold
List Price $259,000
Sold Price $253,000
852 3rd Street NW
Grand Rapids, MI 49504
Courtesy of Weichert Realtors Plat (Main)
MLS: Michigan Regional Information Center
2,544Sq Ft
Est. Mortgage
$1,437/mo

Discover this fantastic 2-unit multifamily property on the desirable northwest side of Grand Rapids! Just a short stroll from the vibrant Bridge Street scene, you'll find an array of restaurants, breweries, and the Bridge Street Market grocery store, making this location a perfect blend of convenience and urban living. This well-maintained property features two leased units, offering immediate income potential. The lower unit boasts a spacious 3-bedroom, 1-bath layout, currently leased for $1,700 per month. Recently renovated, it features a modern updated kitchen and updated bathroom with new tub, toilet and vanity. Fresh paint, and new flooring throughout providing a stylish and comfortable living space. The upper unit, a cozy 1-bedroom, 1-bath, is leased for $1,150 per month. Each unit has separate utility meters and furnaces, ensuring easy management for the owner. Located close to Grand Valley State University's downtown campus and conveniently near a bus line to the Allendale campus, this property is ideal for students and young professionals alike. Whether you're an investor seeking a turnkey rental or looking to live in one unit while generating income from the other, this multifamily gem is a must-see. Don't miss your chance to own a piece of this thriving community!

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Author

Terry Puffer

Hi, I'm Terry Puffer and I'd love to assist you. Whether you're in the research phase at the beginning of your real estate search or you know exactly what you're looking for, you'll benefit from having a real estate professional by your side. I'd be honored to put my real estate experience to work for you.