41 Colfax Street Ne Unit 43, Grand Rapids, MI 49505
$160,000
This newly updated 2-unit would be perfect as an investment property or for an owner occupant. Owned and well-maintained by the same Landlord for over 30 years and gutted down to the studs and back when first purchased! The lower unit has brand new luxury vinyl plank flooring and new carpet in the bedrooms. Fresh paint throughout, including newly painted/refurbished cabinets and a brand new range/oven in the kitchen. All separate utilities and rental certified to 2022. Huge fenced in backyard with alley access. Well insulated, even between floors! Walking distance to Creston Brewery and all the Plainfield awesomeness! Investors will enjoy about a 10% cap rate in this turnkey investment property while owner-occupants can mitigate their mortgage by renting out a unit and living in the other.