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Explore the potential of this versatile, income-producing property in Grand Rapids! Offering approximately 2,583 square feet across three occupied units, this unique mixed-use opportunity features a commercial space with two attached apartments, creating multiple income streams under one roof. The commercial unit currently rents for $800 per month, while the two apartments generate a combined $2,400 per month. Whether you're an investor looking to expand your portfolio or an entrepreneur seeking a location for your business with additional rental income, this property offers an opportunity to put your investment to work. Positioned along South Division Avenue between Burton and Alger, the property benefits from a high-visibility location in Grand Rapids. Don't miss the opportunity to explore the possibilities this multi-unit property has to offer!
Features
Age: 41-50 Years Old
Amenities: Cable Ready
Building Units: 3
Exterior Type: Wood Siding
Exterior Type: Vinyl Siding
Heating System: Forced Air
Legal Description: LOT 10 BLK 7* KENWOOD ADDITION - REPLATTED