3201 Marshall AVE SE, Grand Rapids, MI 49508 - MLS#65025037907

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Coldwell Banker Town & Country Real Estate

karengillrealestate@gmail.com +1(810) 397-4451

$610,000

Est. payment - /mo

3,464 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 3,464 sqft

Price per Sqft $176

MLS Listing ID 65025037907

Year Built 1966

Lot Size 0.340 Acres

Acres 0.34

Property Sub-Type MultiFamily

Property Description

Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and investment potential. This solid multi-unit building features major mechanical upgrades completed in 2024, including a brand new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill is only $150/month). 9Water 200 per month)One of the units, 3201, has been fully remodeled with a brand new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. It rents for $1,250/month and includes all utilities. The property also offers excellent amenities such as a 5-stall garage, additional storage shed, coin-operated laundrygenerating approximately $50/month, and a private backyard space. Tenants enjoy comfortable layouts, inviting vinyl flooring, a charming front porch, and basement storage rooms. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property provides flexibility, stability, and strong income. high-performing property in a desirable location. All major systems have been recently upgraded, offering peace of mind and reduced operating costs. This is truly a turn-key investment that shows pride of ownership and consistent cash flow. Don't miss your chance to own a clean, updated building with great tenants, strong rental income, and excellent long-term potential

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Full

Interior

Heating HotWater, NaturalGas

Cooling WallUnits

Fireplace No

Exterior

Parking Features Paved

Utilities Available NaturalGasConnected, SewerConnected

View Y/N No

Building

Sewer PublicSewer, SewerAtStreet

Water Public

New Construction No

Schools

High Schools Grandrapids

School District Grandrapids

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Listed by Javier Rodriguez of Lake Michigan Realty Mgmt

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Coldwell Banker Town & Country Real Estate

+1(810) 397-4451

Broker | License ID: 308761

Broker License ID: 308761

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3201 Marshall AVE SE Grand Rapids, MI 49508

Coldwell Banker Town & Country Real Estate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Get More Information