37 Rose Street new

Grand Rapids,MI 49507-2438

$ 325000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70475823

Year Built 1900

Annual Tax Amount $1,627

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 5,924

Property Sub-Type Multi-Family

Property Description

Welcome to 37 Rose St SW -- a smart investment with real upside. This cash-flowing duplex is currently generating $2,000/+ month in rental income with two 2-bed/1-bath units. Utilities are separately metered for gas and electric, with tenants paying their own usage.Recent improvements include a new roof (2024), newer appliances, and a City of Grand Rapids rental certification valid through 2028, definitely turnkey.Zoned multi-family with ADU potential and located in Roosevelt Park, a fast-growing neighborhood with infrastructure upgrades, improved transit, and new development -- a smart long-term hold in a rising Grand Rapids corridor.

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Multi-Family

Interior

Heating Baseboard,Forced Air

Exterior

Exterior Feature Aluminum

Parking Features Additional Garage(s)

Building

Lot Description Sidewalks

Foundation Basement

Structure Type Aluminum

Schools

School District Grand Rapids City School District

Others

Energy Description Electric,Natural Gas

Financing Cash,Conventional,FHA,VA

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