3201 Marshall Avenue SE Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49508
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025037907
Bedrooms 4
Year Built 1966
Annual Tax Amount $7,462
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 81X185
Source Greater Regional Alliance of REALTORS®
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 investment potential. This solid multi-unit building features major mechanical upgrades completed in 2024, 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 is only $150/month). 9Water 200 per month)One of the units, 3201, has been fully remodeled with a brand new kitchen, modern appliances, updated vinyl flooring, and fresh finishes throughout. It rents for $1,250/month and includes all utilities. The property also offers excellent amenities such as a 5-stall garage, additional storage shed, coin-operated laundrygenerating approximately $50/month, and a private backyard space. Tenants enjoy comfortable layouts, inviting vinyl flooring, a charming front porch, and basement storage rooms. Whether you're looking to expand your portfolio or live in one unit while renting the others, this property provides flexibility, stability, and strong income. high-performing property in a desirable location. All major systems have been recently upgraded, offering peace of mind and reduced operating costs. This is truly a turn-key investment that shows pride of ownership and consistent cash flow. Don't miss your chance to own a clean, updated building with great tenants, strong rental income, and excellent long-term potential
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction Eastern to 33rd, E on 33rd to Marshall
Interior
Heating Hot Water
Cooling Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Garage Spaces 5.0
Road Frontage Paved
Garage no
Private Pool No
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal)
Structure Type Brick
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411817301005
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional