23
See all 23 photos
$640,000
Est. payment /mo
4 Baths
0.3 Acres Lot
New
3241 Marshall Avenue 3241 Marshall Avenue SE Avenue Kentwood, MI 49508
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251010448
Year Built 1964
Annual Tax Amount $8,614
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 84X154
Source Realcomp
Property Description
Fantastic Investment Opportunity! This well-maintained apartment building features three fully turnkey 2-bedroom, 1-bath units each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. All units are consistently occupied with month-to-month leases, providing excellent income and flexibility for future ownership. Tenants pay their own electric.Recent 2024 updates include a brand new roof on both the main building and garage port, a fully remodeled Unit 2, new front and back doors with security locks, updated electrical, freshly renovated common hallways, and the addition of a coin-operated laundry area. The entire property has been freshly painted inside and out, with upgraded landscaping, new mailboxes, exterior security lighting, and a full camera system covering outdoor areas and interior hallways. All units will be made available for inspection after an accepted offer.
Location
State MI
County Kent
Area Grand Rapids - G
Zoning Multi-Family
Direction E of Eastern Ave SE to 33rd SE to Marshall
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Grand Rapids
Others
Tax ID 411817301009
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by RE/MAX Classic