Overview
- Multi Family
Description
Great opportunity for owner occupant or parents of college students looking to offset their mortgage by renting the other apartment. Updated, low maintenance home in fantastic location is super easy to rent! Walk to Farmers Market, GRCC, Martha’s, sushi, Madcap, Black Napkin and GFS grocery. Private driveway, garage, small partially fenced yard. Don’t let the age fool you on this one. Interior was completely rehabbed in 2018 including gut remodel of kitchens and baths. Utilities are split with 2 water heaters, 2 electric meters, 2 gas meters. All windows, HVAC, plumbing, and electrical wiring in the house is new since 2017. Sewer lines just scoped/cleaned and in great condition. Home was originally a single-family home and easily converts back. Seller is offering a $10,000 credit at closing to buyers to add 1 wall in each apartment to create 2nd bedrooms (currently 1 bedrooms). See attached floor plans. Both units access laundry room and storage in the basement from the backyard.Main floor is charming with refinished original hardwood floors. All new kitchen cabinets, counters, flooring, stainless steel appliances and a gorgeous bathroom with original tile, new vanity and new plumbing. A private porch on the back enjoys the private backyard. Upper floor was totally gutted and new kitchen and new bathroom added with full tile shower, luxury vinyl plank flooring, stainless steel appliances, and a large storage attic. Rents are below market because the tenants have been long term and the best tenants you could possibly want or find. Main floor unit 1 is currently occupied on month-to-month lease at $1,325 per month plus utilities (landlord only pays water and mows lawn). Upstairs Unit 2 is currently vacant. What a great chance to offset your mortgage while living in a remodeled and cute home! Detailed list of improvements attached to listing. All appliances including washer and dryer are included.
Nearby School
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High School District GrandRapids
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