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846 Eastern Ave NE

Grand Rapids MI 49503

1728 sq. ft.
0.15 ac.
Multi-Family
Currently for sale - view listing

Overview

Attention Investors! Outstanding 2-unit rental property offering both immediate cash flow and proven stability. The main-floor unit features a large living room with a beautiful bay window, two comfortable bedrooms, a kitchen, and a full bathroom. It is occupied by a wonderful, reliable tenant of 14 years who would love to stay. The upper unit is vacant and move in ready for you to place your own tenant at market rent. This upper space feels much larger than you would think, featuring a third-floor conversion into a massive bonus room/bedroom, plus two additional bedrooms, a large living room, a full kitchen, and a clawfoot tub bathroom. Investors will love the ultimate peace of mind with a current Certificate of Compliance valid until 4/27/2028. Complete with a nice front porch, a private driveway, and ample off-street parking, you truly need to get inside this property to appreciate the space and character.

Features

1728 sq. ft. floor area
0.15 ac. lot size
Multi-Family

Property history for 846 Eastern Ave NE

2019
Sold
$163,500
10 Jan 2019 by Denise Breuker, of 616 Realty LLC
2017
Sold
$122,260
11 Aug 2017 by Jamie Starner, of Starner Realty

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, 67 multi families similar to 846 Eastern Ave NE, have been sold.

This represents a 13% increase in multi families sales when compared to the previous 12 months.

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