1242 Alpine Avenue NW, Grand Rapids, MI 49504

$220,000

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List Price
$220,000
Price Change
▼ $5,000 1784649336
Days on Market
44
MLS#
26029274
Status
ACTIVE
Type
Multifamily

Property Description

Investment opportunity in the heart of Grand Rapids' Northwest side! This fully occupied up/down duplex at 1242 Alpine Ave NW offers immediate cash flow with two 1-bedroom, 1-bathroom units and separately metered utilities, helping minimize owner expenses. Tenants enjoy ample off-street parking, a sought-after feature in this high-demand rental corridor. Conveniently located near downtown Grand Rapids, major employers, shopping, restaurants, and public transportation, this property presents an excellent opportunity for investors seeking a stable addition to their portfolio. Whether you're expanding your holdings or entering the multifamily market, this turnkey duplex offers strong rental appeal and long-term upside in a proven rental location. Priced right for a quick sale! Looking for more? 1246 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.

Additional Information

Owner Pays
Trash Collection, Water
Taxes
$2,078
Acres
0.15
Basement
Full, Michigan Basement
Heating
Forced Air
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Total Parking Spaces
4
Utilities
Natural Gas Connected, Electricity Connected, Electricity Available, Natural Gas Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kyle P Naumann from Listing Office: Edison Brokers & Co LLC.

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