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816 6th ST NW City Of Grand Rapids, MI 49504
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Sold
Purchase Type For Sale
Square Footage 1,460 sqft
Price per Sqft $167
MLS Listing ID 65026023667
Year Built 1900
Lot Size 3,049 Sqft
Property Sub-Type MultiFamily
Property Description
Fantastic investment opportunity on the NW side of Grand Rapids producing $3,120/month in gross rental income. This duplex features two 2-bedroom, 1-bath units totaling approximately 1,460 square feet and offers stable cash flow with demonstrated rental performance throughout 2024 and 2025.The lower unit features a traditional layout with separate gas forced-air heat and tenant-paid gas and electric, while the upper unit is configured for per-bedroom rental with landlord-paid utilities. Major capital improvements include a roof replacement approximately 10 years ago.Conveniently located near downtown Grand Rapids, shopping, restaurants, parks, and major commuter routes. Solid opportunity for investors seeking a stabilized asset with immediate cash flow in a high-demand rental market.
Location
State MI
County Kent
Area Area41142Grandrapids
Interior
Heating Forced Air, Natural Gas, Space Heater
Laundry GasDryerHookup
Exterior
Parking Features Concrete
Utilities Available ElectricityConnected, NaturalGasConnected, PhoneConnected
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
Special Listing Condition Standard
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