3201 Marshall Avenue SE, Grand Rapids, MI
Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and investment potential. This solid multi-unit building features major mechanical upgrades completed in 2024, including a brand new high-efficiency boiler, updated plumbing, and a new hot water heater — all designed to reduce ongoing maintenance and lower utility costs (current gas bill is only $150/month). 9Water 200 per month)One of the units, 3201, has been fully remodeled with a brand new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. It rents for $1,250/month and includes all utilities. The property also offers excellent amenities such as a 5-stall garage, additional storage shed, coin-operated laundry generating approximately $50/month, and a private backyard space. Tenants enjoy comfortable layouts, inviting vinyl flooring, a charming front porch, and basement storage rooms. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property provides flexibility, stability, and strong income. high-performing property in a desirable location. All major systems have been recently upgraded, offering peace of mind and reduced operating costs. This is truly a turn-key investment that shows pride of ownership and consistent cash flow. Don't miss your chance to own a clean, updated building with great tenants, strong rental income, and excellent long-term potential
Reviews
Javier and his team helped me with the purchase of my first home. They were very helpful and professional. They answered every question I had, and made my home shopping experience easier. They are...
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11/23/2021 - v4c5wyyqm9
I’m very happy that he was able to help me find a house that is suitable for me. He gave detail of every house I visited, and gave an explanation on purchasing a house. I highly recommend him as a...
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11/03/2021 - bautistamaria25
Estoy agradecido por haber podido obtener mi casa en wyoming michigan, gracias a el servicio de el equipo de Lake Michigan Realty porque estuvieron atentos todo el tiempo en el proceso obtuvi.ka un...
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09/10/2021 - angelcamila1234
Mi esposa Rosalva y Yo Luis Bedolla nos sentimos agradecidos y felices por nuestra nueva casa, queremos dar gracias al equipo de Lake Michigan Realty por el excelente trabajo, gracias a El señor...
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07/23/2021 - bedolla313131
Exelente trabajo para el equipo de lake Michigan realty 100% recomendado Bendi mi casa muy rapids y a tiempoEllos estubieron muy atentos encuanto a la comunicacion todo muy bien
01/28/2021 - Marielenacano3
Javier una persona muy comprometida y siempre muy atentos en todo siempre en comunicasion en todas mis inquietudez la señorita zavala en constante comunicasion para resolver cualquier. Problema...
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12/22/2020 - martincortes36
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