$599,900

3241 Marshall Avenue, Grand Rapids, MI 49508

  • 3,472 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1964
  • Property Lot Size Icon0.3acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $173/sqft
  • Property List Date Icon Listed 7 days ago

Property Description

Owner occupied or Investment Opportunity!Welcome to 3241 Marshall Ave SE, a well-maintained and income-producing apartment building offering immediate cash flow and long-term upside. This solid property features three turnkey 2-bedroom, 1-bath units, each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. One 2-bedroom unit is currently vacant for showings, making it ideal for owner-occupants or investors looking to fill at market rent. All units are occupied on month-to-month leases, providing excellent stability with the flexibility for future adjustments. Tenants are responsible for their own electric and trash, further maximizing net income for the new owner. Recent 2024 upgrades elevate the building's appeal and reduce future maintenance costs, including: Brand new roofs on both the main building and garage port-Fully updated Unit # 2-New front and back doors with enhanced security locks-Updated electrical systems-Updated common hallwa

Listing Status:
Pending
Listing Office:
VJ Real Estate : 616-485-8138
Listing Agent:
Vung Mang :
MLS ID:
70506688
  • Basement: Daylight
  • Heating: Radiant
  • General: Brick
  • Road/Access: City/County
  • Originating MLS: MiRealSource
  • School District: Grand Rapids City School District
  • County: Kent
  • Zoning: LOT 12* GREEN ACRES PLAT NO 1
  • Source: MiRealSource

This listing courtesy of Vung Mang, VJ Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

K

Kenosha Park Elementary School

1353 Van Auken St SE, Grand Rapids, MI, 49508

Grades PK-5

0.61 miles away

A

Alger Middle School

921 Alger St SE, Grand Rapids, MI, 49507

Grades 6-8

1.12 miles away

O

Ottawa High Transition

2055 Rosewood Ave SE, Grand Rapids, MI, 49506

Grades 9-12

1.72 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.