1722-1727 Alto AVE SE, City Of Grand Rapids, MI 49507
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1722-1727 Alto AVE SE, City Of Grand Rapids, MI 49507
1722-1727 Alto AVE SE, City Of Grand Rapids, MI 49507
1722-1727 Alto AVE SE, City Of Grand Rapids, MI 49507
1722-1727 Alto AVE SE, City Of Grand Rapids, MI 49507
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Tony And Renee DeKroub

Tony And Renee DeKroub

+1(517) 404-4270
$ 550,000
Est. payment /mo
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1722-1727 Alto AVE SE City Of Grand Rapids, MI 49507

9 Beds

3 Baths

2,569 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type SingleFamilyResidence

Listing Status Active

Purchase Type For Sale

Square Footage 2,569 sqft

Price per Sqft $214

MLS Listing ID 65026028358

Style Ranch

Bedrooms 9

Full Baths 3

Year Built 1946

Lot Size 0.330 Acres

Acres 0.33

Property Sub-Type SingleFamilyResidence

Property Description

Investor Opportunity: 3-Home Package in Grand Rapids Excellent opportunity to acquire three income-producing single-family homes as a package: 1722, 1726, and 1727 Alto Ave SE, Grand Rapids, MI. Offered together at $550,000, this portfolio provides immediate rental income with additional upside potential. 1722 Alto Ave SE features 4 bedrooms and 1 bath, 1726 Alto Ave SE features 3 bedrooms and 1 bath. Both are currently rented at $1,400/month. Both properties have long-term tenants in place dating back to before 2015, contributing to a strong history of occupancy and consistent rental performance. Given the length of tenancy, current rents may be below today's market levels, offering potential future upside for the next owner. The third home, 1727 Alto Ave SE, features 2 bedrooms and 1 bath and was recently remodeled. The most recent rent was $1,250/month, with strong potential for increased rental income following the updates.All three properties have recently received 6-year City of Grand Rapids rental certifications, adding value and peace of mind for investors. Whether you are expanding an existing portfolio or looking for a multi-property investment with established rental history, this package offers a compelling combination of current cash flow, long-term tenant stability, below-market rent potential, and future rent growth opportunity.

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Full

Interior

Heating Forced Air, Natural Gas

Fireplace No

Laundry GasDryerHookup, WasherHookup

Exterior

Parking Features Detached

Garage Spaces 3.0

Community Features Sidewalks

Utilities Available NaturalGasConnected, PhoneAvailable

View Y/N No

Roof Type Shingle

Garage true

Building

Foundation Basement

Sewer Public Sewer, Storm Drain

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Realcomp MLS
Listed by Paul Bunce of Paul Bunce Real Estate

NEARBY SCHOOLS & PROPERTIES

Tony And Renee DeKroub

Tony And Renee DeKroub

Agent | License ID: 6501245221

+1(517) 404-4270

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1722-1727 Alto AVE SE