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23 Burton St SW

Grand Rapids MI 49507

3292 sq. ft.
0.1 ac.
Multi-Family
Currently for sale - view listing

Overview

Four-unit investment property Excellent opportunity to own a fully occupied four-unit property with solid rental history and immediate income. This multi-family asset features long-term tenants on the first floor, providing stability and consistent cash flow from day one.The lower level includes two units: one spacious 3-bedroom, 1-bath and one 2-bedroom, 1-bath. The upper level offers additional value with a 2-bedroom, 1-bath unit featuring a private balcony, along with a larger 4-bedroom, 1-bath unit--also with its own balcony--ideal for maximizing rental income.The property includes off-street parking accessible from the alleyway.

Features

3292 sq. ft. floor area
0.1 ac. lot size
Multi-Family

Property history for 23 Burton St SW

2019
Sold
$170,000
22 Oct 2019 by Allison Koetsier, of Compass Realty Services
2017
Sold
$134,000
29 Nov 2017 by Allison Koetsier, of Compass Realty Services

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, 37 multi families similar to 23 Burton St SW, have been sold.

This represents a 21% increase in multi families sales when compared to the previous 12 months.

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