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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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1010 Alpine Ave NW , Grand Rapids, MI 49504
$319,900
Est. Payment: $710.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 11
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By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

Updated duplex in a strong rental corridor just minutes from downtown Grand Rapids, currently generating $3,095/month in gross rental income. The lower 4-bedroom, 1-bath unit is leased at $1,895/month, while the upper 2-bedroom, 1-bath unit is leased at $1,200/month, providing immediate cash flow from day one. Both units have been fully renovated with modern finishes, complemented by new windows throughout and a newer roof on the rear portion of the home. Solid unit mix with strong rental appeal and consistent tenant demand. Tenants pay gas, electric, and trash, helping reduce owner expenses. Located near major highways, downtown employers, shopping, and restaurants, this property offers a compelling investment opportunity with strong income potential and long-term upside.
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Highlights

Listed by James Hocking , 616-369-9207 and Michael Smallegan , 616-439-1062 Smallegan Real Estate , 616-209-4304.

Property Type

Multi-Family
Lot/Acreage
0.09

Year Built

1900

County

Kent

 School District

Grand Rapids

Listing ID

26042773

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Basement:Full

Exterior Features

Lot:Sidewalk
Garage Capacity:2
Sewer:Public Sewer
Principal Interest
$711
Taxes
$504

Home Price

$319,900

Loan Details

30 yrs
%

Down Payment

20%
$63,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$710.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $710.89 $504.31 $0.00 $1,215.20
Yearly $8,530.67 $6,051.68 $0.00 $14,582.35
Total $255,920.00 $181,550.40 $0.00 $437,470.40

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Grand Rapids, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.