Grand Rapids, MI 49508,3201 Marshall SE Avenue
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Grand Rapids, MI 49508,3201 Marshall SE Avenue
Grand Rapids, MI 49508,3201 Marshall SE Avenue
Grand Rapids, MI 49508,3201 Marshall SE Avenue
Grand Rapids, MI 49508,3201 Marshall SE Avenue
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Sandi Smith

Sandi Smith

Trillium Real Estate

+1(734) 216-6414
$ 620,000
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3201 Marshall SE Avenue Grand Rapids, MI 49508

0.34 Acres Lot


UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 25037907

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 2 to 4 Units

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 generating 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 generating 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 - G

Direction Eastern to 33rd, E on 33rd to Marshall

Rooms

Basement Full

Interior

Heating Hot Water

Cooling Wall Unit(s)

Fireplaces Number 1

Exterior

Parking Features Paved

Utilities Available Natural Gas Connected

View Y/N No

Street Surface Paved

Total Parking Spaces 5

Building

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-18-17-301-005

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by Lake Michigan Realty Mgmt