Grand Rapids, MI 49507-1450,831 Alexander Street
Grand Rapids, MI 49507-1450,831 Alexander Street
Grand Rapids, MI 49507-1450,831 Alexander Street
Grand Rapids, MI 49507-1450,831 Alexander Street
Grand Rapids, MI 49507-1450,831 Alexander Street
Grand Rapids, MI 49507-1450,831 Alexander Street
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$ 180,000
Est. payment | /mo

6,534 Sqft Lot


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$ 180,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 25010223

Year Built 1905

Annual Tax Amount $1,542

Tax Year 2024

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 50X129

Property Sub-Type Multi-Family

Property Description

Turnkey Duplex with Strong Rental HistoryInvest 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

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Residential

Rooms

Basement MI Basement

Interior

Heating Forced Air

Cooling None

Exterior

Exterior Feature Vinyl Siding

Building

Foundation Basement

Structure Type Vinyl Siding

Schools

School District Grand Rapids City School District

Others

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Berkshire Hathaway HomeServices Michigan Real Estate (South)

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Breton Downs School

    Public | PK - 5

  • 8

    Wealthy School

    Public | PK - 5

  • 7

    West Godwin Elementary School

    Public | PK - 4

  • 7

    Lakeside School

    Public | PK - 5

  • 5

    Grand Rapids Child Discovery Center

    Public | KG - 5

  • 5

    Vista Charter Academy

    Public | KG - 8

  • 5

    Congress Elementary School

    Public | PK - 5

  • 4

    Sibley School

    Public | PK - 5

  • 4

    Southwest Community Campus School

    Public | KG - 8

  • 4

    Burton Elementary School

    Public | PK - 5

  • 4

    North Godwin Elementary School

    Public | PK - 4

  • 4

    River City Scholars Charter Academy

    Public | KG - 8

  • 4

    William C. Abney Academy Elementary School

    Public | KG - 5

  • 3

    Michigan Virtual Charter Academy

    Public | KG - 12

  • 3

    Brookside School

    Public | KG - 5

  • 3

    Grand Rapids Montessori Public School

    Public | PK - 12

  • 3

    Dickinson School

    Public | PK - 8

  • 3

    Martin Luther King Leadership Academy

    Public | PK - 8

  • 3

    Ken-O-Sha Park Elementary School

    Public | PK - 5

  • 2

    Godfrey Elementary School

    Public | 3 - 5

Middle Schools 9
  • 8

    East Grand Rapids Middle School

    Public | 6 - 8

  • 3

    Grand Rapids University Preparatory Academy

    Public | 6 - 12

  • 2

    William C. Abney Academy - Middle School

    Public | 6 - 8

  • 1

    Burton Middle School

    Public | 6 - 8

  • 0

    Southeast Career Pathways

    Public | 8 - 12

  • 0

    Alger Middle School

    Public | 6 - 8

  • 0

    Transition Center at Mayfield

    Public | 6 - 12

  • 0

    Plymouth Christian High School

    Private | 7 - 12

  • 0

    Home Education Site

    Public | 6 - 12

High Schools 14
  • 10

    East Grand Rapids High School

    Public | 9 - 12

  • 6

    Wellspring Preparatory High School

    Public | 9 - 12

  • 3

    Nexus Academy of Grand Rapids

    Public | 9 - 12

  • 3

    Godwin Heights Senior High School

    Public | 9 - 12

  • 2

    Ottawa Hills High School

    Public | 9 - 12

  • 0

    East Lee Campus

    Public | 9 - 12

  • 0

    West Michigan Lutheran High School

    Private | 9 - 12

  • 0

    Covenant House Academy Grand Rapids

    Public | 9 - 12

  • 0

    Catholic Central High School

    Private | 9 - 12

  • 0

    Catholic Secondary Schools

    Private | 9 - 12

  • 0

    Godwin Heights Learning Center

    Public | 9 - 12

  • 0

    Innovation Central High School

    Public | 9 - 12

  • 0

    Grand Rapids Learning Center

    Public | 9 - 12

  • 0

    Grand Rapids Christian High School

    Private | 9 - 12

School and business data provided by Attom Data.
Shannon Bagdonas

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 766-8387

soldbyshannonb@outlook.com

6838 Park Ave, Allen Park, MI, 48101-2036, USA

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831 Alexander Street