High-Yield 13-Unit Portfolio \ 0.6 Acres in Downtown Grand RapidsRare opportunity to acquire a stabilized, cash-flowing asset in the heart of Grand Rapids. This C+/B- class portfolio features 13 units spread across 6 homes on adjoining parcels, totaling 0.6 acres. With over $140,000 in annual gross rent and a history of low vacancy, this is a turnkey 'workforce housing' play. Major CapEx has already been addressed: all homes feature new roofs and the majority of furnaces have been recently updated. Controlled expenses and a prime location make this a premier addition to any institutional or private portfolio.
0.6 Acres privados Tamaño del lote
inversión
12.404 US$ Impuesto anual
Creado en 1888
MLS/ID del anuncio 65026013335
13 Unidades
Parking - Paved
Community - Sidewalks
Construction - Vinyl Siding
Heating - Natural Gas
Heating - Forced Air
Lot - Level
Parking - Unpaved
Parking - Shared Driveway