MLS # 26034603 (Michigan Regional Information Center (MichRIC))

Turnkey four unit investment opportunity in a convenient Northeast Grand Rapids location. This well maintained property features four spacious one bedroom, one bathroom units, each fully remodeled and in great shape. Every unit includes its own laundry, a rare amenity that keeps tenants happy and vacancies low. Plenty of off street parking adds to the appeal. Located minutes from the Medical Mile, downtown, and the shops and restaurants along Plainfield Ave, this property offers strong rental demand and easy management. A solid addition to any portfolio.
Source: SparkMLS
Asking $645,000.
Property tax estimate: $6,510 per year ($542/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
LOTS 8 & 9 ALSO S 1/2 OF LOT 10 * GLASS & KOSTER ADDITION
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by Ryan Ogle
EXP Realty (Grand Rapids)
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
823 Benson Avenue NE, Grand Rapids, MI 49503
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Municipality
Grand Rapids
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