1010 Alpine Avenue NW
Property Description
Updated duplex in a strong rental corridor just minutes from downtown Grand Rapids, currently generating $3,095/month in gross rental income. The lower 4-bedroom, 1-bath unit is leased at $1,895/month, while the upper 2-bedroom, 1-bath unit is leased at $1,200/month, providing immediate cash flow from day one. Both units have been fully renovated with modern finishes, complemented by new windows throughout and a newer roof on the rear portion of the home. Solid unit mix with strong rental appeal and consistent tenant demand. Tenants pay gas, electric, and trash, helping reduce owner expenses. Located near major highways, downtown employers, shopping, and restaurants, this property offers a compelling investment opportunity with strong income potential and long-term upside.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $319,900 |
| No. of Units: | 2 |
| Year Built: | 1900 |
| Opportunity Zone: | No |
| Price per unit: | $159,950 |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 0 |
ID: 3yd-GRARMI-26042773
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