3220 Marshall Avenue Se, Grand Rapids, MI 49508

$160,500
Sold Price
$160,500
List Price
$156,750
Closing Date
Nov 03, 2016
Days on Market
23
MLS#
16051853
Status
SOLD
Type
Multifamily

Property Description

CASH FLOW KING. Over $26k 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

Additional Information

Net Operating Income
29126
Owner Pays
Gas, Sewer, Trash Collection, Water
Annual Utilities
3488
Taxes
$3,374
SEV
66000
Acres
0.34
Basement
Yes
Driveway
Paved
Exterior Material
Aluminum Siding, Brick
Extras
Garages
Fireplaces
1
Heating
Hot Water
Heat Source
Natural Gas
Lot Dimensions
92 x 161
Road Frontage
161
School District
Grand Rapids
Sewer
Public
Substructure
Walk Out
Tenant Pays
Electric
Total Parking Spaces
8
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

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

Selling Agent: Scott A Holwerda Selling Office: Berkshire Hathaway HomeServices Michigan Real Estate (Cascade).

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