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$249,900
Est. payment /mo
4,791 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65026016781
Year Built 1900
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type MultiFamily
Property Description
Amazing Investment Opportunity in the Heart of Grand Rapids! Welcome to 510 Woodlawn St SE, a meticulously maintained duplex offering a fantastic opportunity for both seasoned and first-time investors. Located just steps from the vibrant Madison neighborhood and Alexander Park, this property sits in a highly desirable and convenient location. The upper 3-bedroom unit is currently leased, with both units historically generating $1,350 per month each. The property also includes a valid Certificate of Compliance, making it a true turnkey investment. The upper unit is occupied by reliable, long-term tenants who take excellent care of the home. This property checks all the boxes with strong rental income, solid condition, and compliance already in place. Don't miss your chance to add this exceptional duplex to your portfolio!
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Fireplace No
Laundry InBasement
Exterior
Parking Features Concrete, Gravel
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan
Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan
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Listed by Taylor Macias of Keller Williams GR East
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