MLS # 26034129 (Michigan Regional Information Center (MichRIC))

Welcome to this charming wood-frame duplex with strong rental income potential. Both units offer generously sized three-bedroom, one-bath layouts featuring original hardwood floors throughout the main level. Recently painted exterior with much of the home's original character intact. A large front yard enhances the classic street presence, while the backyard provides tenants plenty of outdoor space. Off-street parking in the rear is a practical amenity hard to find in these neighborhoods. Located minutes from Heritage Hill Historic District, this property sits in one of Grand Rapids' most desirable rental corridors. Three-bedroom units in this area are asking $1,650+ per month -- putting potential gross rents above $3,300 monthly. Property is compliant with the City of Grand Rapids code compliance department. Upper unit is vacant and lower unit is month-to-month. Upper unit and basement are accessible via ShowingTime. Lower unit viewings require proper tenant notice and coordination.
Source: SparkMLS
Listed at $337,000.
Annual property taxes run approximately $3,000 ($250/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
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Lewis Smalligan
Tall Tree Realty and Property Management LLC
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
711 Paris Avenue SE, Grand Rapids, MI 49503
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Municipality
Grand Rapids
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