Grand Rapids, MI 49504,1403 Turner NW Avenue
Grand Rapids, MI 49504,1403 Turner NW Avenue
Grand Rapids, MI 49504,1403 Turner NW Avenue
Grand Rapids, MI 49504,1403 Turner NW Avenue
Grand Rapids, MI 49504,1403 Turner NW Avenue
Grand Rapids, MI 49504,1403 Turner NW Avenue
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Kory Lambarth

Kory Lambarth

Good Company Realty, LLC

+1(313) 283-2781
$ 230,000
Est. payment | /mo

2,483 Sqft Lot


Save
$ 230,000
Est. payment | /mo
Save

2,483 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 25012461

Year Built 1905

Annual Tax Amount $1,435

Tax Year 2024

Lot Size 2,483 Sqft

Acres 0.06

Lot Dimensions 33 x 75

Property Sub-Type 2 to 4 Units

Property Description

HOUSE HACKING OPPORTUNITY! Upper tenant moving out 5/20. Excellent opportunity to own a two-unit residential rental property in the heart of downtown Grand Rapids. Each unit features 1 bedroom, 1 bath, with long-term tenants already in place. All utilities are split, with tenants covering electricity, gas, and trash, while the owner pays for water and sewer—making for a low-maintenance investment.

The upstairs unit has been updated with granite countertops, a stainless steel refrigerator and stove, adding value and appeal. The lower unit includes a basement laundry hookup, offering additional convenience for tenants.

With strong rental demand in this prime location, there is significant potential to improve rents over time, increasing cash flow and long-term returns. Don't miss this Don't miss this solid investment opportunity in a growing market! Back on market due to buyer financing. Don't miss this solid investment opportunity in a growing market! Back on market due to buyer financing.

Location

State MI

County Kent

Area Grand Rapids - G

Direction Webster to Turner and turn south

Rooms

Basement Michigan Basement

Interior

Heating Baseboard, Forced Air

Fireplaces Number 1

Laundry In Basement

Exterior

Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Building

Lot Description Level, Sidewalk

Sewer Public Sewer

Structure Type Vinyl Siding

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-13-13-402-013

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Moayyer Real Estate
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(313) 283-2781

kory@korvanrealty.com

130 W 5th St, Oak, MI, 48067

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1403 Turner NW Avenue