Palace Ave

0 Bedroom Real Estate has been listed for sale at 1899 Palace Ave in Grand Rapids for $219,900. Chat with a local expert, book a tour.

Grand Rapids

1899 Palace Ave

1899 Palace Ave, For Sale in Grand Rapids - eXp Commercial Brokerage

Investment Opportunity! Lower unit vacant allowing for an owner occupant house hack or great as an investment. Lower unit 2 bedroom upper a 1 bedroom. The upper is rented to Community Rebuilders with a long term tenant for $1175.00!!!! The lease is valid until 05/31/2026 Professionally managed by a reputable property management company, offering a seamless transition to a new owner if interested. Features include a new furnace (2022) and city certification until 09/27/2027, vinyl siding and replacement windows. Situated in a great location within a strong rental market and close to amenities. Don't miss this chance to capitalize on strong rental demand and rising property values in Grand Rapids!

Investment Opportunity! Combined rent of $2, 175. This property guarantees excellent cash flow. It has been professionally managed by reputable property management company to ensure the property has been well maintained. Upgrades throughout both units attract quality tenants, ensuring consistent rental income. New furnace (2022) and city certificate valid until 11/20/2024. Prime location in a growing rental market with amenities nearby. Don't miss out! Take advantage now of the strong rental demand combined with increasing property values in Grand Rapids! Easy turn-key option with current management company is available. Owner pays utilities. BOTH UNITS OCCUPIED: Unit #1: $1225, renewed 8/1/23-7/31/24 and Unit #2: $950/mo leased until 5/31/24.

1899 Palace Ave, Grand Rapids, MI

Real Estate

Key Facts

Description

Extras

Similar Listings

Like what you see?