MI
Kent
Grand Rapids City
49503
429 Laurel SW Street
429 Laurel SW Street, Grand Rapids City, MI 49503
Share Listing
Listing Type
Multi Family
Listing Status
Active
25
$329,000

Home Details for 429 Laurel SW Street

Price
$329,000
Type
Residential Income
Bedrooms
7
Bathrooms
Square feet
NaN
Year built
1900
Lot size acres
0.13
County
Kent
Garage
Basement
Crawl Space
Days on site
16
MLS Listing#
65026004398
Property Description

Income-producing 3-unit property consisting of one duplex and one single-family home. All units are currently occupied with a combined monthly rent of $3,550, exceeding the 1% rule. The duplex recently completed a ''Get the Lead Out'' inspection with significant improvements made, and the lower unit was fully remodeled prior to the current tenancy. The single-family home features a long-term tenant of over 10 years, and the upper duplex unit is also occupied by a long-term tenant. Strong rental history with reliable tenants and consistent payments. Solid cash-flow opportunity for an investor seeking stability over flash. This property is professionally managed and management can continue. An inspection report provided by the management company is in the attached documents.

Property Features
  • Utilities
    • Electricity Connected
    • Natural Gas Connected
    • Sewer Connected
    • Sewer Available
  • Heating Information
    • Forced Air
    • Natural Gas
  • Water Features
    • Public
  • Parking
    • Unpaved
  • Basement
    • Crawl Space
Listing Courtesy: United Realty Services LLC - 616-965-2304
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EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446
Office
810 245 2600
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