$ 599,900
-
$599,900
Price -
0
Bed -
0
Bath -
3,472
SqFt
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About the Listing 114979 - 535163
Owner occupied or Investment Opportunity!Welcome to 3241 Marshall Ave SE, a well-maintained and income-producing apartment building offering immediate cash flow and long-term upside. This solid property features three turnkey 2-bedroom, 1-bath units, each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. One 2-bedroom unit is currently vacant for showings, making it ideal for owner-occupants or investors looking to fill at market rent. All units are occupied on month-to-month leases, providing excellent stability with the flexibility for future adjustments. Tenants are responsible for their own electric and trash, further maximizing net income for the new owner. Recent 2024 upgrades elevate the building's appeal and reduce future maintenance costs, including: Brand new roofs on both the main building and garage port-Fully updated Unit # 2-New front and back doors with enhanced security locks-Updated electrical systems-Updated common hallwa
Listing Highlights
Status
Pending
Days on Site
20
Property Type
Multi-Family
MLS ®
70506688
Year Built
1964
Total Square Footage
3,472
Lot/Acreage
0.3
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating: Radiant
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3472
- Below Ground Sq Ft: n/a
- Basement: Egress/Daylight Windows
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 89x150x89x161
- Roof:
- Others:
- Sewer:
- Parking Features: Carport
Financial Details
- Tax Amount: $8,843
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
3241 Marshall Grand Rapids, MI 49508
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