Grand Rapids, MI 49504,1403 Turner NW Avenue
Grand Rapids, MI 49504,1403 Turner NW Avenue
Grand Rapids, MI 49504,1403 Turner NW Avenue
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$230,000
Est. payment /mo
2,483 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 25012461

Year Built 1905

Annual Tax Amount $1,435

Tax Year 2024

Lot Size 2,483 Sqft

Acres 0.06

Lot Dimensions 33 x 75

Property Sub-Type 2 to 4 Units

Property Description

HOUSE HACKING OPPORTUNITY! Upper tenant moving out 5/20. Excellent opportunity to own a two-unit residential rental property in the heart of downtown Grand Rapids. Each unit features 1 bedroom, 1 bath, with long-term tenants already in place. All utilities are split, with tenants covering electricity, gas, and trash, while the owner pays for water and sewer—making for a low-maintenance investment.

The upstairs unit has been updated with granite countertops, a stainless steel refrigerator and stove, adding value and appeal. The lower unit includes a basement laundry hookup, offering additional convenience for tenants.

With strong rental demand in this prime location, there is significant potential to improve rents over time, increasing cash flow and long-term returns. Don't miss this Don't miss this solid investment opportunity in a growing market! Back on market due to buyer financing. Don't miss this solid investment opportunity in a growing market! Back on market due to buyer financing.

Location

State MI

County Kent

Area Grand Rapids - G

Direction Webster to Turner and turn south

Rooms

Basement Michigan Basement

Interior

Heating Baseboard, Forced Air

Fireplaces Number 1

Laundry In Basement

Exterior

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Building

Lot Description Level, Sidewalk

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-13-13-402-013

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Listed by Moayyer Real Estate

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agent

Sherie Berry

+1(616) 581-3294

Agent | License ID: 6501452737

Agent License ID: 6501452737

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