MLS # 26033521 (Michigan Regional Information Center (MichRIC))

Turnkey Investment Opportunity! Recently renovated down to the studs, this income-producing single-family rental is being sold with tenants in place paying $2,700/month. Features include 4 bedrooms, 2 full baths, replacement windows, luxury vinyl plank flooring throughout, central A/C, a 1-stall garage, and updated mechanicals and finishes. Located in the desirable Swan neighborhood on Grand Rapids' west side, just minutes from Downtown, GVSU, Bridge Street, and the future Acrisure Amphitheater. A low-maintenance addition to any investment portfolio with immediate cash flow.
Source: SparkMLS
4-bedroom, 2-bath, 1,312 sq ft home in Grand Rapids in Grand Rapids built in 1900.
Listed at $330,000 (about $252/sq ft).
Property tax estimate: $3,209 per year ($267/month). Tax figure is from the MLS listing record; verify with the county treasurer for the most current amount.
Electric service is provided by Consumers Energy Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
N 63 FT OF W 28 FT OF LOT 7 /JEFFERSON STREET BLK/* SCRIBNER'S ADDITION
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Allison V Koetsier
Compass Realty Services
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
Consumers Energy Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
624 Veto Street NW, Grand Rapids, MI 49504
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Municipality
Grand Rapids
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