3201 Marshall Avenue Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49508-2424
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,464 sqft
Price per Sqft $176
Subdivision Mi
MLS Listing ID 70484570
Year Built 1966
Annual Tax Amount $7,462
Tax Year 2024
Lot Size 0.340 Acres
Acres 0.34
Lot Dimensions 81X185
Property Sub-Type Multi-Family
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 laundry
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Hot Water
Exterior
Exterior Feature Brick
Building
Foundation Basement
Structure Type Brick
Schools
School District Grand Rapids City School District
Others
Ownership Other/See Remarks
Energy Description Natural Gas
Financing Cash,Conventional