833 Mc Reynolds Avenue 833 Mc Reynolds Avenue Grand Rapids, Michigan 49504 United States
$274,900
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This prime investment opportunity in the heart of Grand Rapids offers a 2-unit, income-producing multi-family property situated on a large lot with potential for future development. Located just a short walk from Bridge St Market and some of the...
- .18 Acres
- Exterior
- Multi-Family Homes
- Property type
- 1887
- Year Built
- 24046088
- Web Id
- 24046088
- MLS ID
- 12
- days ago
About 833 Mc Reynolds Avenue
This prime investment opportunity in the heart of Grand Rapids offers a 2-unit, income-producing multi-family property situated on a large lot with potential for future development. Located just a short walk from Bridge St Market and some of the city's most popular bars and restaurants, this property is perfect for both investors and owner-occupants. The first unit is a spacious and updated 3-bedroom, 1-bathroom space that is vacant and move-in ready. Unit 1offers the perfect opportunity for an owner occupant to purchase the property and use the income from unit 2 to help offset their mortgage payment with rental income from unit 2. The second unit is a cozy 2-bedroom, 1-bathroom apartment that is currently occupied by a long-term tenant, offering consistent rental income. The large lot offers potential to be split into two lots, presenting future development opportunities. To respect the privacy of the tenant in Unit 2, showings will be available only for Unit 1, with a video tour of Unit 2 available upon request. Once the property is under contract, an in-person tour of Unit 2 can be arranged. This is a fantastic opportunity to invest in one of Grand Rapids' up and coming neighborhoods! Check it out today!
Listing Courtesy of RE/MAX of Grand Rapids (Wyomg), MICHRIC MLS
09/09/20 14:55:46
Listing Courtesy of RE/MAX of Grand Rapids (Wyomg), MICHRIC MLS
09/09/20 14:55:46
PROPERTY INFORMATION
- Basement
- Michigan Basement
- Cooling
- Window Unit(s)
- Heating
- Forced Air
- Sewer
- Public Sewer
EXTERIOR
- Construction
- Wood Siding
ADDITIONAL INFORMATION
- Number of Units
- 2
Listing Courtesy of RE/MAX of Grand Rapids (Wyomg)