Pending

710 Cherry Street SE
Grand Rapids, MI 49503

$324,900

Lot
0.08 acres
Year built
1902
Property type
2 to 4 Units
County
Kent
MLS #
26050941
Days on market
1

About this home

Exceptional investment opportunity in Grand Rapids! This duplex sits on a low-maintenance 3,311 sq ft lot and offers strong income potential. With market rents in the area averaging around $1,625 per unit, this property can yield a potential gross revenue of $3,300+ per month. A little TLC will easily maximize its value, but the property is completely functional and ready to rent as-is. Metered separately for maximum efficiency, each unit features its own electrical panel, furnace, and water heater. Whether you are looking for an addition to your rental portfolio or a house-hacking opportunity to live in one unit while collecting rent from the other, this solid multi-family property offers multiple pathways to build long-term equity.