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    CASH FLOW – TURNKEY INVESTMENT OPPORTUNITY

    3220 Marshall Avenue Se, Grand Rapids, MI 49508

    $156,750 | 4 UNITS – 4 STALL GARAGE

    CASH FLOW KING. Almost $30k in net income. Come and tour this turn-key rental. Fully rented and ready for a new investor. 4 Stall Garage, Brick exterior, many updates. On-site Laundry, low maintenance hot-water heat. AC units run on elec and tenants pay own elec. These units are fully rented so showings are limited to Tuesdays and Thursday 1-5PM – do not approach tenants – contact listing agent directly for access. Note: Serious investors may inquire about multi-property package for other similar available units

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    3 of 22
    List Price$156,750
    Days on Market0
    MLS#16051853
    StatusACTIVE
    TypeMultifamily

    Property Description

    CASH FLOW KING. Almost $30k in net income. Come and tour this turn-key rental. Fully rented and ready for a new investor. 4 Stall Garage, Brick exterior, many updates. On-site Laundry, low maintenance hot-water heat. AC units run on elec and tenants pay own elec. These units are fully rented so showings are limited to Tuesdays and Thursday 1-5PM – do not approach tenants – contact listing agent directly for access. Note: Serious investors may inquire about multi-property package for other similar available units

    616-951-4663

    Additional Information

    Net Operating Income29126
    Owner PaysGas, Sewer, Trash, Water
    Annual Utilities3488
    taxes$3,374
    SEV66000
    Acres0.34
    BasementYes
    DrivewayPaved
    Exterior MaterialAluminum, Brick
    ExtrasGarages
    Fireplaces1
    HeatingHot Water
    Heat SourceNatural Gas
    Lot Dimensions92 x 161
    Road Frontage161
    School DistrictGrand Rapids
    SewerPublic
    SubstructureWalk Out
    Tenant PaysElectric
    Total Parking Spaces8
    WaterPublic
    WaterPublic

    Mortgage Calculator

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    Est. Monthly Payment: $794

    Does not include any taxes or fees.
    Please consult a financial professional.

    Courtesy of John P Rice and Berkshire Hathaway HomeServices Michigan Real Estate (South).

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