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Jim Blehm

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

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1242 Alpine Ave NW , Grand Rapids, MI 49504
$220,000
Est. Payment: $488.89/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 39
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g179701 - gnaum4312
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

Investment opportunity in the heart of Grand Rapids' Northwest side! This fully occupied up/down duplex at 1242 Alpine Ave NW offers immediate cash flow with two 1-bedroom, 1-bathroom units and separately metered utilities, helping minimize owner expenses. Tenants enjoy ample off-street parking, a sought-after feature in this high-demand rental corridor. Conveniently located near downtown Grand Rapids, major employers, shopping, restaurants, and public transportation, this property presents an excellent opportunity for investors seeking a stable addition to their portfolio. Whether you're expanding your holdings or entering the multifamily market, this turnkey duplex offers strong rental appeal and long-term upside in a proven rental location. Priced right for a quick sale! Looking for more? 1246 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.
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Highlights

Listed by Kyle P Naumann , 616-581-1433 Edison Brokers & Co LLC , 616-439-1190.

Property Type

Multi-Family
Lot/Acreage
0.15

Year Built

1880

County

Kent

 School District

Grand Rapids

Listing ID

26029274

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Interior Features

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

Exterior Features

Garage Capacity:4
Sewer:Public Sewer
Principal Interest
$489
Taxes
$173

Home Price

$220,000

Loan Details

30 yrs
%

Down Payment

20%
$44,000
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:
$488.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $488.89 $173.19 $0.00 $662.08
Yearly $5,866.67 $2,078.25 $0.00 $7,944.92
Total $176,000.00 $62,347.50 $0.00 $238,347.50

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.