Properties for sale in Michigan

Overview

Description

Sold before broadcast: Completely updated duplex located in the City of Grand Rapids, offering strong cash flow potential with minimal maintenance. Both units feature 3 bedrooms and 1 full bathroom, with long-term tenants already in place. The property includes a full basement and a detached garage in the rear, providing additional storage and functionality. Major updates completed in 2024 include a new roof and windows, along with a newer furnace in the upper unit. Certified with the city and approved for Section 8, this is a turnkey investment opportunity ideal for investors looking for immediate rental income.

Location Property Info

County: Kent
Street #: 1140
Street Name: Cromwell
Suffix: Avenue
Post Direction: SE
State: MI
Zip Code: 49507
Zip (4): 1406

General Property Info

Lot Measurement: Acres
Lot Square Footage: 3964
Lot Acres: 0.09
Lot Dimensions: 40*102
Year Built: 1875
New Construction: No
Cert of Compliance: Yes
Road Frontage: 40
Total # Units: 2
Total # Bldgs: Yes
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Basement: Yes
# of Diff Unit Floor Plans: 0

Tax Info

Tax ID #: 41-14-32-359-002
Taxable Value: 93200
SEV: 93200
For Tax Year: 2025
Seller's Annual Property Tax: 4812.37
Tax Year: 2025
Spec Assessment & Ty: N/A
Zoning: R-2
Homestead %: 0

Status Change Info

Under Contract Date: 2026-05-01

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit #: Yes
Unit Description: LR, DR, KIT/EA, 2 BD
SqFt: 1057
Occupied: Yes
Monthly Rent: 1400
Bathrooms: Yes
Full Baths: Yes
Range Oven: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Unit 2

Unit #: 2
Unit Description: LR, DIT/EA, 2 BDS. B
SqFt: 944
Occupied: Yes
Monthly Rent: 1390
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: Hall and Eastern
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Broker/Agent Owned

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Sold before broadcast: Completely updated duplex located in the City of Grand Rapids, offering strong cash flow potential with minimal maintenance. Both units feature 3 bedrooms and 1 full bathroom, with long-term tenants already in place. The property includes a full basement and a detached garage in the rear, providing additional storage and functionality. Major updates completed in 2024 include a new roof and windows, along with a newer furnace in the upper unit. Certified with the city and approved for Section 8, this is a turnkey investment opportunity ideal for investors looking for immediate rental income.
Legal: LOT 12 BLK 3* CAMPBELL & UNDERWOOD S REPLATTED ADDITION

Lot Description

Wooded: Yes

Street Type

Paved: Yes

Util Avail at Street

Natural Gas Available: Yes

Utilities Attached

Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes

Exterior Material

Aluminum Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

Paved: Yes

Substructure

Full: Yes
Walk-Out Access: Yes

Extras

Garages: Yes

Owner Pays

Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Exterior Material: Aluminum Siding Roofing: Composition Substructure: Full; Walk-Out Access Lot Description: Wooded Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: Natural Gas Available Extras: Garages Owner Pays: Sewer; Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Driveway: Paved Street Type: Paved Terms Available: Cash; Conventional; FHA Possession: Close Of Escrow Sale Conditions: None Unit 1: Range Oven; Refrigerator; Washer/Dryer Unit 2: Range/Oven; Refrigerator

1140 Cromwell Avenue SE, Grand Rapids, MI 49507