1031 Hamilton AVE NW, City Of Grand Rapids, MI 49504
$269,900
Est. payment /mo
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4,356 Sqft Lot
Active

1031 Hamilton AVE NW City Of Grand Rapids, MI 49504

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Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65026046308

Year Built 1880

Lot Size 4,356 Sqft

Acres 0.1

Property Sub-Type MultiFamily

Property Description

Investor or house-hack opportunity on Grand Rapids' desirable NW side! This updated duplex offers two 2-bedroom, 1-bath units with strong income potential. The upper unit is tenant occupied at $1,200/month, while the vacant lower unit is move-in ready with projected rent of approximately $1,400/month, creating potential gross rental income of $2,600/month. Both units have been recently updated, with numerous capital improvements already completed, helping reduce near-term work for the next owner. The property also completed the Get the Lead Out program, including inspection and lead-clearance certification through the Kent County Health Department. One-stall garage and a convenient location near downtown, restaurants, shopping and entertainment. Professional property management is already in place for an easy transition. Live in one and offset your mortgage, or lease both for a ready-to-go investment!

Location

State MI

County Kent

Area Area41142Grandrapids

Interior

Heating Forced Air, Natural Gas, Space Heater

Fireplace No

Exterior

Parking Features Aggregate, Garage, Unpaved

Utilities Available ElectricityConnected, NaturalGasConnected

View Y/N No

Roof Type Composition

Building

Foundation MichiganBasement

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Realcomp MLS
Listed by Timothy J VandenToorn of United Realty Services LLC

NEARBY SCHOOL & BUSINESS

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Forest Dorling

Forest Dorling

Expert Home Buying & Selling Guide License ID: 6501435737

+1(586) 303-0901

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1031 Hamilton AVE NW