1021 Broadway Avenue NW, Grand Rapids, MI 49504

$249,000
2
BA

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List Price
$249,000
Days on Market
7
MLS#
26054255
Status
ACTIVE
Type
Multifamily
Bathrooms
2

Property Description

Discover an investment opportunity in Grand Rapids with this two- to four-unit multifamily property. The lower unit is occupied by a tenant, providing income from day one, while the upstairs unit is vacant and available for a new lease or owner occupancy. The compact 2,875-square-foot lot provides efficient land use in an established area. Whether you're building equity through ownership or seeking to diversify your investment portfolio, this property offers the potential for steady value appreciation. The configuration supports multiple income streams or flexible living arrangements, making it a practical choice for ownership-focused buyers seeking long-term financial stability.

Additional Information

Owner Pays
Sewer, Water
Taxes
$4,249
Acres
0.07
Basement
Michigan Basement
Heating
Forced Air
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Private

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kaden Buchholz from Listing Office: Windpoint Realty LLC.

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