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1246 Alpine Avenue Northwest

Grand Rapids MI 49504

0.14 ac.
Multi-Family
Currently for sale - view listing

Overview

An opportunity to own two duplexes on one parcel in Grand Rapids' booming West Grand neighborhood! This strategically priced four-unit multifamily asset is generating $3,695 per month in gross rents, providing investors an attractive entry point into the thriving rental market. The front duplex offers a 2-bed/1-bath lower unit and 3-bed/1-bath upper unit with newer roof and vinyl siding. The rear duplex includes a 1-bed/1-bath lower unit and 2-bed/1-bath upper unit with additional upside potential through future improvements. Conveniently located near downtown Grand Rapids, Alpine Avenue, Bridge Street, shopping, dining, breweries, and neighborhood amenities, making it attractive to both current and future tenants. A rare opportunity to acquire a four-unit investment property in one of the city's fastest-growing rental markets. Looking for more? 1242 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.

Features

0.14 ac. lot size
Multi-Family

Happy sellers in Grand Rapids

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We have insufficient information to provide an overview of customer satisfaction for Grand Rapids. Viewing the agent profiles, reviews and sales for Grand Rapids can provide insights for this location.

Local market activity for multi families in Grand Rapids

In the last 12 months, 65 multi families similar to 1246 Alpine Avenue Northwest, have been sold.

This represents a 25% decrease in multi families sales when compared to the previous 12 months.

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