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1340 Plainfield Avenue Northeast

Grand Rapids MI 49505

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

Overview

Unlock instant equity and strong cash flow at 1340 Plainfield Ave NE! Whether you are seeking a lucrative house-hack to live nearly rent-free or adding a high-performing asset to your portfolio, this versatile triplex delivers on all fronts. Newly Renovated & Vacant Units: Units 1 and 2 have been freshly updated from top to bottom. Intentionally left vacant for the sale, they are completely move-in ready for an owner-occupant or immediate market-rate tenant placement. Low Landlord Overhead: Split utilities put the power bills on the tenants, maximizing your net operating income. High-Demand Amenities: Features on-site laundry--a premier driver for tenant retention and premium rental rates in this corridor. Prime Location: Situated in the vibrant Creston neighborhood, tenants will love being minutes from local dining, parks, and quick access to Downtown Grand Rapids and major highways.

Features

0.14 ac. lot size
Multi-Family

Property history for 1340 Plainfield Avenue Northeast

2020
Sold
$250,000
17 Jan 2020 by Bradley Hartwell, of NORTH TOWN REAL ESTATE

Happy sellers in Grand Rapids

90%
90% of sellers in Grand Rapids reported that their sale price either exceeded or met their price expectations.

Grand Rapids stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Grand Rapids over the last 12 months.

Local market activity for multi families in Grand Rapids

In the last 12 months, 21 multi families similar to 1340 Plainfield Avenue Northeast, have been sold.

This represents a 5% increase in multi families sales when compared to the previous 12 months.

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