3241 Marshall Avenue 3241 Marshall Avenue Avenue SE new Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49508
Key Details
Property Type Multi-Family
Sub Type Common Entry Building
Listing Status Active
Purchase Type For Sale
Square Footage 3,472 sqft
Price per Sqft $184
Subdivision Green Acres #1
MLS Listing ID 20251010448
Style Common Entry Building
Bedrooms 4
Full Baths 4
Year Built 1964
Annual Tax Amount $8,614
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 84X154
Property Sub-Type Common Entry Building
Source Realcomp II Ltd
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 Grand Rapids
Zoning Multi-Family
Direction E of Eastern Ave SE to 33rd SE to Marshall
Interior
Interior Features Laundry Facility
Heating Baseboard
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 5.0
Road Frontage Paved
Garage no
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Common Entry Building
Level or Stories 2 Story
Structure Type Brick
Schools
School District Grand Rapids
Others
Pets Allowed No
Tax ID 411817301009
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional