23
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$640,000
Est. payment /mo
4 Baths
3,472 SqFt
New
3241 Marshall A 3241 Marshall Avenue Avenue Kentwood, MI 49508 2424
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,472 sqft
Price per Sqft $184
Subdivision Mi
MLS Listing ID 60406921
Style 2 Story
Full Baths 4
Year Built 1964
Annual Tax Amount $8,614
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 84X154
Property Sub-Type Multi-Family
Property Description
Fantastic Investment Opportunity! This well-maintained apartment building features three fully turnkey 2-bedroom, 1-bath units each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. All units are consistently occupied with month-to-month leases, providing excellent income and flexibility for future ownership. Tenants pay their own electric. Recent 2024 updates include a brand new roof on both the main building and garage port, a fully remodeled Unit 2, new front and back doors with security locks, updated electrical, freshly renovated common hallways, and the addition of a coin-operated laundry area. The entire property has been freshly painted inside and out, with upgraded landscaping, new mailboxes, exterior security lighting, and a full camera system covering outdoor areas and interior hallways. All units will be made available for inspection after an accepted offer.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Multi-Family
Interior
Heating Baseboard
Fireplace No
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
Building
Story 2 Story
Foundation Crawl
Water Public Water
Structure Type Brick
Schools
School District Grand Rapids City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by RE/MAX Classic