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Home For Sale

Picture of Home For Sale in Grand Rapids, Michigan, United States

$220,000

845 Worden St Se
Grand Rapids, Michigan, United States

Listed By: Realtyww Info

Listed On: 06/21/2023

Listing ID: GL9946390 View More Details

Description

Large, cash flowing 2-unit, fully occupied with great tenants!! Enjoy a 10% cap rate! Both leases month-to-month. Lower unit is 3 BR/1 BA and upper unit is 2 BR/1 BA. Newer furnaces in both units. Brand new plumbing and new water main (performed by city) and updated bathrooms in both units. Currently rented for a total of $2, 350 /mo. Rent could easily be raised to $1, 100 for upper unit. Separate utilities. Tenants pay electric/gas/trash. Tenants have no rent delinquencies. Leases and rent rolls provided in attached documents. Seller to make no repairs. Seller will give 30-day notice to either tenant of buyers choice, if requested. Current city rental certificate good through 4/22/2026. Seller is a licensed real estate agent.

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Listed by: Key Realty
Source: The World Property Journal

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