Properties for sale in Michigan

Overview

Description

Turnkey investment opportunity in the highly desirable Creston neighborhood of NE Grand Rapids! This city certified duplex is fully occupied and generates $2,325 per month in gross rental income. The main level unit offers 2 bedrooms, 1 bathroom, spacious living and dining areas, a partial basement, a large fenced backyard, storage shed, and exclusive use of the driveway and backyard. The upper unit features 1 bedroom and 1 bathroom. The property includes separate electric meters, a 60/40 gas, water, and sewer utility split, and city certification through January 2028. Unit 1 rents for $1,425 per month, and Unit 2 rents for $900 per month. Conveniently located just minutes from downtown Grand Rapids, shopping, restaurants, parks, and major highways, this is an excellent opportunity to add a cash flowing property to your investment portfolio.

Location Property Info

County: Kent
Street #: 238
Street Name: Travis
Suffix: Street
Post Direction: NE
State: MI
Zip Code: 49505
Zip (4): 4726

General Property Info

Lot Measurement: Acres
Lot Square Footage: 5445
Lot Acres: 0.13
Lot Dimensions: NA
Year Built: 1900
New Construction: No
Financial Available: No
Cert of Compliance: Yes
Cert. of Compliance Exp Date: 2028-01-01
Road Frontage: 45
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Parking Spaces: 2
Waterfront: No
School District: Grand Rapids
Middle School: Kent City Middle School
Basement: Yes

Tax Info

Tax ID #: 41-14-18-179-007
Taxable Value: 81758
SEV: 94200
For Tax Year: 2025
Seller's Annual Property Tax: 4221
Tax Year: 2025
Spec Assessment & Ty: NA
Zoning: Res
Homestead %: 0

Remarks Misc

Directions: Coit Ave, S of Ann St to Travis, East to property.

Access Feat

Accessibility Features: No

More Information

Unit 1

Unit Description: Downstairs
SqFt: 850
Occupied: Yes
Monthly Rent: 1425
Bathrooms: Yes
Full Baths: Yes
Deck/Patio: Yes
Range Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes

Unit 2

Unit Description: Upstairs
SqFt: 682
Occupied: Yes
Monthly Rent: 900
Bathrooms: Yes
Full Baths: Yes
Range/Oven: Yes
Refrigerator: Yes
Sep. Heat System: Yes

Location & Property Info

Cross Streets: Lafayette Ave NE
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale

Remarks & Misc

Public Remarks: Turnkey investment opportunity in the highly desirable Creston neighborhood of NE Grand Rapids! This city certified duplex is fully occupied and generates $2,325 per month in gross rental income. The main level unit offers 2 bedrooms, 1 bathroom, spacious living and dining areas, a partial basement, a large fenced backyard, storage shed, and exclusive use of the driveway and backyard. The upper unit features 1 bedroom and 1 bathroom. The property includes separate electric meters, a 60/40 gas, water, and sewer utility split, and city certification through January 2028. Unit 1 rents for $1,425 per month, and Unit 2 rents for $900 per month. Conveniently located just minutes from downtown Grand Rapids, shopping, restaurants, parks, and major highways, this is an excellent opportunity to add a cash flowing property to your investment portfolio.
Legal: E 45 FT OF LOT 9* ALLEN MC DOWELL S ADDITION

Lot Description

Sidewalk: Yes

Street Type

Public: Yes

Util Avail at Street

Cable Available: Yes
Electricity Available: Yes
High Speed Internet: Yes
Natural Gas Available: Yes
Phone Available: Yes
Public Sewer: Yes
Public Water: Yes
Storm Sewer: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes
Phone Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Unit: Yes

Exterior Material

Vinyl Siding: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes
Wall Furnace: Yes

Air Conditioning

Window Unit(s): Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

Paved: Yes

Substructure

Michigan Basement: Yes

Owner Pays

Water: Yes

Possession

Close Of Escrow: Yes

Property Features

Laundry Features: In Unit Exterior Material: Vinyl Siding Roofing: Composition Substructure: Michigan Basement Lot Description: Sidewalk Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer Owner Pays: Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air; Wall Furnace Air Conditioning: Window Unit(s) Driveway: Paved Street Type: Public Mineral Rights: Unknown Terms Available: Cash; Conventional; FHA; VA Loan Possession: Close Of Escrow Sale Conditions: None Unit 1: Deck/Patio; Range Oven; Refrigerator; Sep. Heat System Unit 2: Range/Oven; Refrigerator; Sep. Heat System

238 Travis Street NE, Grand Rapids, MI 49505