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$586,900
Est. payment /mo
3,464 SqFt
Active
3201 Marshall AVE SE City Of Grand Rapids, MI 49508
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 3,464 sqft
Price per Sqft $169
MLS Listing ID 65026007237
Year Built 1966
Lot Size 0.340 Acres
Acres 0.34
Property Sub-Type MultiFamily
Property Description
Incredible all-brick income property located at the end of a quiet cul-de-sac, fully rented with long-term tenants and offering exceptional updates and strong investment potential. Brand new coin-operated washer & dryer installed in 2026, providing additional income potential for investors, including a brand-new high-efficiency boiler, updated plumbing, and a new hot water heater -- all designed to reduce ongoing maintenance and lower utility costs (current gas bill averages approximately $150/month and water approximately $200/month. The units, 3201 AND 3203, has been fully remodeled with a brand-new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. The property offers excellent additional amenities, including a 5-stall garage, an extra storage shed, private backyard space, and basement storage rooms for tenants. There is also a coin-operated washer and dryer on-site, generating approximate
Location
State MI
County Kent
Area Area41142Grandrapids
Rooms
Basement Full
Interior
Heating Hot Water, Natural Gas
Cooling Wall Unit(s)
Fireplace No
Exterior
Parking Features Paved
Utilities Available NaturalGasConnected, SewerConnected
View Y/N No
Building
Sewer Public Sewer, Sewer At Street
Water Public
New Construction No
Schools
High Schools Grand Rapids
School District Grand Rapids
Others
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA

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Listed by Javier Rodriguez of Lake Michigan Realty Mgmt
NEARBY SCHOOL & BUSINESS
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