3241 Marshall AVE SE Active Save Request In-Person Tour Request Virtual Tour
Kentwood,MI 49508
$ 640000
- Bed
4 Baths
3472 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Rent
Square Footage 3,472 sqft
Subdivision Green Acres #1
MLS Listing ID 20251010448
Style CommonEntryBuilding
Full Baths 4
Year Built 1964
Property Sub-Type MultiFamily
Property Description
Fantastic Investment Opportunity! This well-maintained apartment building features three fully turnkey 2-bedroom, 1-bath units each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. All units are consistently occupied with month-to-month leases, providing excellent income and flexibility for future ownership. Tenants pay their own electric.
Recent 2024 updates include a brand new roof on both the main building and garage port, a fully remodeled Unit 2, new front and back doors with security locks, updated electrical, freshly renovated common hallways, and the addition of a coin-operated laundry area. The entire property has been freshly painted inside and out, with upgraded landscaping, new mailboxes, exterior security lighting, and a full camera system covering outdoor areas and interior hallways. All units will be made available for inspection after an accepted offer.
Location
State MI
County Kent
Area Area41142Grandrapids
Interior
Heating Baseboard, NaturalGas
Laundry CommonArea
Exterior
Pool None
View Y/N No
Building
Foundation CrawlSpace
Sewer PublicSewer
Water Public
Schools
School District Grandrapids
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard