1349 Maude Avenue NE
Grand Rapids, MI 49505

Description

This unique investment property boasts an excellent capitalization rate. Both of its two units have already been approved for housing vouchers, as well as for placement with social organizations such as Community Rebuilders. Both the upper and lower unit are currently rented out to responsible tenants, and the cashflow on the property has been consistent. The high-demand location of this home--just off from Plainfield, in the thriving Creston Business District--adds to its appeal as an investment property. Given the home's charm and distinctive character traits, as well as its competitive price point, it is likely that it will not stay on the market for long.

Details

MLS#19005459
Sub-TypeResale
StatusPending
Year1800
Days On Site69

Features

Units2
Building(s)1

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Area Information

StateMI
CountyKent
CityGrand Rapids
Zip Code49505
AreaGrand Rapids - G
Listing VS Median (in 49505)
Price:
$100,000
low | high
Med:
$172,400
22.4% of Average
On Site:
69
low | high
Med:
0.5
100% of Average
Listing Updated: 04/09/2019
MLS Number: 19005459
Listing Provided By:
Matthew J Langenberg  of  Keller Williams Realty Rivertown
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.