846 Eastern Avenue SE, Grand Rapids, MI 49507

$229,900

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List Price
$229,900
Days on Market
31
MLS#
26032387
Status
ACTIVE
Type
Multifamily

Property Description

Attention Investors! Outstanding 2-unit rental property offering both immediate cash flow and proven stability. The main-floor unit features a large living room with a beautiful bay window, two comfortable bedrooms, a kitchen, and a full bathroom. It is occupied by a wonderful, reliable tenant of 14 years who would love to stay. The upper unit is vacant and move in ready for you to place your own tenant at market rent. This upper space feels much larger than you would think, featuring a third-floor conversion into a massive bonus room/bedroom, plus two additional bedrooms, a large living room, a full kitchen, and a clawfoot tub bathroom. Investors will love the ultimate peace of mind with a current Certificate of Compliance valid until 4/27/2028. Complete with a nice front porch, a private driveway, and ample off-street parking, you truly need to get inside this property to appreciate the space and character. Buyer and buyers agent to verify all information. Seller reserves the right to set a offer deadline.

Additional Information

Owner Pays
Water
Taxes
$1,382
Acres
0.15
Basement
Crawl Space, Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Tenant Pays
Electricity, Gas, Sewer, Trash Collection
Total Parking Spaces
4
Utilities
Natural Gas Connected, Electricity Connected
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
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: Cathy Meyering from Listing Office: Five Star Real Estate (Ada).

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