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Jim Blehm

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

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1340 Plainfield Ave NE , Grand Rapids, MI 49505
$315,000
Est. Payment: $700.00/mo
0 Bed
0 Bath
0 Sqft
Status: Pending | Days on site: 15
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g179701 - gluba2019,k777777
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

Unlock instant equity and strong cash flow at 1340 Plainfield Ave NE! Whether you are seeking a lucrative house-hack to live nearly rent-free or adding a high-performing asset to your portfolio, this versatile triplex delivers on all fronts. Newly Renovated & Vacant Units: Units 1 and 2 have been freshly updated from top to bottom. Intentionally left vacant for the sale, they are completely move-in ready for an owner-occupant or immediate market-rate tenant placement. Low Landlord Overhead: Split utilities put the power bills on the tenants, maximizing your net operating income. High-Demand Amenities: Features on-site laundry—a premier driver for tenant retention and premium rental rates in this corridor. Prime Location: Situated in the vibrant Creston neighborhood, tenants will love being minutes from local dining, parks, and quick access to Downtown Grand Rapids and major highways. Units 1,2, & common space available to tour anytime. Unit 3 only available after accepted offer. Please view photos which were just taken and floor plans.
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Highlights

Listed by Mitchell D Luban , 616-375-0775 Edison Brokers & Co LLC , 616-439-1190.

Property Type

Multi-Family
Lot/Acreage
0.14

Year Built

1900

County

Kent

 School District

Grand Rapids

Listing ID

26043692

Questions about this listing?

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Interior Features

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

Exterior Features

Garage Capacity:2
Roof:Composition
Principal Interest
$700
Taxes
$385

Home Price

$315,000

Loan Details

30 yrs
%

Down Payment

20%
$63,000
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:
$700.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $700.00 $385.48 $0.00 $1,085.48
Yearly $8,400.00 $4,625.81 $0.00 $13,025.81
Total $252,000.00 $138,774.30 $0.00 $390,774.30

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.