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About This Home

This 8-bedroom, 0-bathroom residential multi family at 1246 Alpine Avenue NW in Grand Rapids, MI is listed for $380,000. Built in 1910, on a 0.14 acres lot.

Agent Description

An opportunity to own two duplexes on one parcel in Grand Rapids' booming West Grand neighborhood! This strategically priced four-unit multifamily asset is generating $3,695 per month in gross rents, providing investors an attractive entry point into the thriving rental market.

The front duplex offers a 2-bed/1-bath lower unit and 3-bed/1-bath upper unit with newer roof and vinyl siding. The rear duplex includes a 1-bed/1-bath lower unit and 2-bed/1-bath upper unit with additional upside potential through future improvements.

Conveniently located near downtown Grand Rapids, Alpine Avenue, Bridge Street, shopping, dining, breweries, and neighborhood amenities, making it attractive to both current and future tenants. A rare opportunity to acquire a four-unit investment property in one of the city's fastest-growing rental markets. Looking for more? 1242 and 1236 Alpine are also available, creating an 8 unit pack opportunity. Inquire for more details.

Key Features

  • Built in 1910
  • 0.14 acre lot
  • 6 parking spaces

Property Details

4 full
6 spaces
1910

Monthly Cost Estimate

$2,032/mo

20% down · 6.5% · 30 years

Principal$275
Interest$1,647
Insurance$111

Estimates only. Actual payments may vary.

Location

1246 Alpine Avenue NW

Grand Rapids, MI 49504

Property Details

Construction

Shingle Siding Vinyl Siding

Heating

Forced Air

Questions & Answers

This 8-bedroom, 0-bathroom residential multi family at 1246 Alpine Avenue NW is listed at $380,000. The estimated monthly payment is $1,647 based on 20% down at 6.5% interest.

Key features include: Built in 1910, 0.14 acre lot, 6 parking spaces.

This property is listed by Kyle P Naumann and can be reached at 6165811433 or agentkylen@gmail.com.

KN

Kyle P Naumann

Agent at Edison Brokers & Co LLC

(616) 581-1433

Listed by Edison Brokers & Co LLC · View on Broker Site

MLS# 26028898· Source: listhub· Updated 2 days ago

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1246 Alpine Avenue NW, Grand Rapids, MI 49504

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