$249,900
Pending

1051 Alpine Avenue NW

Grand Rapids, MI 49504
Browse 28 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

TURNKEY DUPLEX ON THE WESTSIDEHousehack Your Way into Real Estate Investing!Unit #1 has 2 bedrooms and 1 bathroom. Plenty of natural light comes into the living room. Easy unit to manage with a new furnace in 2022. There is plenty of space to spread out, with a private screened-in porch and a spacious primary bedroom with a walk-in-closet. Don't miss the new oven from 2021! It is currently rented through May 2025 for $975/mo.Unit #2 also has 2 bedrooms and 1 bathroom. This unit's oven and refrigerator were updated in 2021, and had a gently used furnace installed in 2022 (ask the listing agent for details). There's also a bonus room that can be used for storage, a cozy reading nook, mini office, etc - use your creativity! It is currently leased through August 2024 for $1125/mo.It will likely go month to month afterward, making space for you house hackers! Entrance is in the rear of the home.
Between the new roof in 2020, newer furnaces in each unit, rest assured there won't be any major improvements needed anytime soon. This property boasts split gas and electric utilities and offers shared laundry in the basement (new washing machine and dryer in 2021!). City certified rental through January 2026.
The Westside has arrived and now is the time to invest! You or your tenants will be right around the corner from local favorites like the Mitten Brewing Company, the Comedy Project, and Arnie's Bakery. Richmond Park is nearby for the outdoor enthusiasts, with walking paths, a beautiful pond, a pool and more.
Don't miss out, schedule a showing today!

  • Interior Details
      • HeatingForced Air
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1902
  • Community and Neighborhood Details
      • School DistrictGrand Rapids
      • RegionGrand Rapids
      • ZoningResidential
      • CountyKent
  • Financial Details
      • Original List Price$249,900
  • Other
      • MLS #65024034889

Location

Theresa ColemanReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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