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Jim Blehm

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

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623 Cherry St SE , Grand Rapids, MI 49503
$689,900
Est. Payment: $3,552.64/mo
0 Bed
0 Bath
0 Sqft
Status: active | Days on site: 31
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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Agent profile image
Jim Blehm
Team Owner, Realtor®

House Description

Great investment opportunity with this Cherry Hill 5 unit property! All units are 1 bedroom/1 bathroom and bringing in a total of 6,985/month in rent. The property also offers amble off street parking! Conveniently located to Medical Mile, downtown Grand Rapids, shopping, nightlife, local coffee shops, and restaurants. Call today to set up a showing and add to your investment portfolio!

Highlights

Listed by Lauren Karsten , 616-690-8355 and Kevin P Knoll , 616-437-4219 Five Star Real Estate (Ada) , 616-425-7600. MichRIC

Property Type

Multi-Family

Lot/Acreage
0.39

Year Built

1875

County

Kent

School District

Grand Rapids

Listing ID

26029645

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Interior Features

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

Exterior Features

Garage Capacity:4
Principal Interest
$3,553
Taxes
$1,375

Home Price

$689,900

Loan Details

30 yrs
6.676%

Down Payment

20%
$137,980
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:
$3,552.64

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,552.64 $1,375.00 $0.00 $4,927.64
Yearly $42,631.63 $16,500.00 $0.00 $59,131.63
Total $1,278,949.05 $495,000.00 $0.00 $1,773,949.05
Lender profile image
Brian Belinger
Loan Originator
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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.

Information provided by Southwestern Michigan Regional Information Center, LLC and is deemed reliable but not guaranteed accurate.

Data last updated: 2026-08-03T01:53:30.000Z

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