$470,000
Active

407 11th Street NW #409

Grand Rapids, MI 49504
Browse 63 photos

Description

4-unit investment property with day one cash flow! Current rents of $5,170 total a month. Each unit offers 2 beds and 1 bath, with updates throughout in recent years. All four furnaces were replaced in 2019, and new water heaters installed in 2024. Fresh exterior paint, deck repairs, and new roof fascia enhance curb appeal and long-term value. Strong rental history with modernized interiors. Don't miss out on this great opportunity for passive income!

  • Property Details
      • Utility FeaturesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
      • BasementMichigan Basement
      • School DistrictGrand Rapids
      • Property Subtype2 to 4 Units
      • Original List Price$470,000
      • MLS #25023277
      • MLS #25023277
      • Cost470000
      • Acres0.08
      • Year Built1900
      • CountyKent
      • Days on Market (Cumulative)1

Location

Suzanne Sloan | Five Star Real EstateReal Estate Group
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6.0%

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2.6%
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