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Jim Blehm

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

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823 Mc Reynolds Ave NW , Grand Rapids, MI 49504
$294,555
Est. Payment: $654.57/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 33
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House Description

Grand Rapids Two-Unit - Long-Term Tenants in Place Solid, low-maintenance investment opportunity in Grand Rapids. This vinyl-sided two-unit offers upper and lower apartments, each with 3 bedrooms and 1 bath. Utilities are split between units for easy management. Both units feature long-term, stable tenants. Convenient alley access leads to a detached garage plus two additional parking spaces. Basement offers shared laundry hookups and extra storage for both units, with additional storage available in the garage. This property just passed the Grand Rapids rental certification. A great addition to any workforce housing portfolio, offering proven occupancy history and dependable, established tenants who know and maintain the property. Lease terms: one unit runs through 10/31/26, the other through 4/31/27.

Highlights

Listed by Lewis Smalligan , 616-634-0633 Tall Tree Realty and Property Management LLC , 616-634-0633.

Property Type

Multi-Family

Lot/Acreage
0.11

Year Built

1885

County

Kent

School District

Grand Rapids

Listing ID

26042168

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Window Unit(s)
Fireplaces:
Basement:Michigan Basement,Partial

Exterior Features

Garage Capacity:2
Roof:Composition
Sewer:Public Sewer
Principal Interest
$655
Taxes
$313

Home Price

$294,555

Loan Details

30 yrs
%

Down Payment

20%
$58,911
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Monthly Price:
$654.57

Principal

Taxes

Principal Taxes HOA Total
Monthly $654.57 $312.76 $0.00 $967.33
Yearly $7,854.80 $3,753.16 $0.00 $11,607.96
Total $235,644.00 $112,594.80 $0.00 $348,238.80

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.