425 Adams Street SE
Property Description
Southeast Grand Rapids Duplex - Turnkey Investment or Owner-Occupant Opportunity. Charming converted single-family home now offering two spacious 2-bedroom, 1-bath units in a rapidly improving Southeast Grand Rapids neighborhood. The lower unit is currently occupied with reliable rental income in place, while the upper unit is vacant and move-in ready - perfect for an owner-occupant, immediate rent-up, or house-hacking strategy. Each unit offers comfortable, well-proportioned living space. Enjoy the convenience of two off-street parking spaces and a large, dry basement with coin-op laundry, adding extra income potential and storage. The standout feature is the incredibly deep 165-foot backyard - a rare find offering privacy, room to garden, entertain, or simply enjoy outdoor space. Located in a neighborhood seeing significant reinvestment, with new construction and upgrades happening throughout the area. Easy to show. Don't miss this income-producing property in an up-and-coming area.
Broker Details
Tall Tree Realty and Property Management LLC 616-634-0633
MLS ID: gsmal4380
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $232,000 |
| No. of Units: | 2 |
| Year Built: | 1916 |
| Opportunity Zone: | No |
| Price per unit: | $116,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 4 |
| Number of Bathrooms: | 2 |
ID: 3yd-GRARMI-26046150
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Final Deal Analysis
Similar Properties in the Area
Brokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout