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831 Alexander SE Street, Grand Rapids, MI 49507

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Listing Type
Multi Family
Listing Status
active
32
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$180,000

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Home Details for 831 Alexander SE Street
Price
$180,000
Type
Multi Family
Year Build
1905
Lot Size
0.15
County
Kent
Tax
$1,542
MLS®️ Listing#
25010223
On exitrealty.com
209 days
Property Description
Turnkey Duplex with Strong Rental History Invest in this cash-flowing duplex in Grand Rapids, offering a fantastic opportunity for both seasoned & first-time investors. The 3 bed 1 bath upper unit has been completely remodeled and is move-in ready, featuring a brand-new kitchen, fresh paint, new carpet & LVT kitchen flooring. A new refrigerator & range complete the modern updates, making it an attractive option for tenants. Market rent for the unit is $1,200/mo. (Section 8 limit is $1963!) The 3/1 lower unit is occupied by a long-term tenant, $900/mo, M2M, providing immediate stability for your investment. This property boasts newer mechanicals and a strong rental history, ensuring peace of mind for the next owner. With a potential gross rental income upwards of $2400/mo this duplex offers great cash flow at an affordable price point. Don't miss this turnkey investment opportunity. Schedule your showing today! Owner is a licensed Realtor in the State of MI. All/any offers to be held and reviewed Mon 24th March 9am
Property Features
Listing Courtesy: Berkshire Hathaway HomeServices Michigan Real Estate (South) - 616-554-7277. Presented by: Paul Leason
mls_iconThe properties on this web site come in part from the Broker Reciprocity Program of the Member MLS’s of the Southwestern Michigan Regional Information Center. Information Deemed Reliable But Not Guaranteed. © 2025 Southwestern Michigan Regional Information Center, LLC. All rights reserved.
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EXIT REALTY 1ST
740 Laurence Ave, Jackson , MI 49202
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$180,000

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EXIT REALTY 1ST
740 Laurence Ave, Jackson , MI 49202
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