1140 Fremont Avenue, Grand Rapids 49504
This property has been Sold!
06/21/2016 at $129,900
Freshly remodeled after being neglected for over 20 years. New roof, new water heater, split utilities, aluminium siding, make this house a low maintenance long term cash producing property. On the NW Side of Grand Rapids makes this a no brainer. This property rented on the first showing for 900.00 lower and 875.00 Upper. The lower unit boast a large living room with hardwood floors, a functional kitchen, 1 and 1/2 bathrooms, and two bedrooms. The upper unit is complete with 2 bedrooms living room, functional kitchen, and laundry in the unit. There is a three stall garage in the back currently rented from 04/15/2016 to 04/30/2017 for an additional $200.00 per month. This CAP rate exceeds 11.13% or if you finance with 25% down your cash on cash return would be an astounding 25%
- Above Grade SqFt
Rooms and Land
- Number of Units
- Michigan Basement
- Window Unit
- Forced Air, Natural Gas
Listing Video for 1140 Fremont Avenue, Grand Rapids MI 49504
Listing Courtesy of United Realty Services Llc
Office Address 1348 Front Ave Nw
Listing Agent Timothy Vandentoorn
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