For sale

859 Butterworth Street SW
Grand Rapids, MI 49504

$319,900

Lot
0.20 acres
Year built
1890
Property type
2 to 4 Units
County
Kent
MLS #
26042093
Days on market
87

About this home

Great investment opportunity on the desirable SW side! This 3-unit multifamily property features three spacious 1-bedroom, 1-bathroom units, each with split utilities and plenty of off-street parking. The property is currently professionally managed by United Properties, making it an excellent option for a hands-off investor. All three units are occupied and under current leases, generating $2,875 in total monthly rental income. Tenants are responsible for split utilities, while the owner is responsible for water and sewer. With a great location, strong occupancy, and existing rental income, this property is a great addition to any investment portfolio.