Three-Unit Residential Income
130 College Ave NE Grand Rapids, MI 49503
New
130 College Ave NE, Grand Rapids, MI, 49503
$415,000
For Sale
$415,000
Turnkey three-unit property with all units leased, offering in-unit laundry and garage parking for the main-floor unit.
Days on Market4
Property Features for 130 College Ave NE
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1890
Listing agency
(773) 329-1734
Listed by
Sommer Dockery
(773) 329-1734
Source
Elliman
Added: Jul 19 Updated: Jul 20 at 4:59AM Checked: Jul 22 at 12:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sommer Dockery
Investment Insights
Based on property information with market context.
This turnkey three-unit residential income property is currently fully leased and positioned for steady occupancy. The main-floor unit includes two bedrooms, two full bathrooms, a kitchen with a large center island, in-unit washer and dryer, garage parking, a private patio overlooking a large backyard, and access to a full basement with abundant storage.
Unit 2 is located on the second floor and includes a bedroom, a full bathroom, and a living space filled with natural light. Unit 3 is also on the second floor and features a spacious living room, a comfortable bedroom, a bathroom, and a kitchen. The exterior has a fresh coat of paint completed recently.
With three active leases in place, this is a straightforward multi-family setup designed for immediate rental income.
Unit 2 is located on the second floor and includes a bedroom, a full bathroom, and a living space filled with natural light. Unit 3 is also on the second floor and features a spacious living room, a comfortable bedroom, a bathroom, and a kitchen. The exterior has a fresh coat of paint completed recently.
With three active leases in place, this is a straightforward multi-family setup designed for immediate rental income.
Key Highlights
- 1890‑built 3‑unit multi‑family with all three units currently leased
- Main‑floor unit: 2 bedrooms, 2 full baths, kitchen with large center island, in‑unit washer/dryer
- Main‑floor unit includes garage parking and a private patio overlooking a large backyard
Property Analytics
Location Intelligence
Current Use by Public Records
Triplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Turnkey three-unit property with all units leased, offering in-unit laundry and garage parking for the main-floor unit.
Where is this triplex located?
The property is located at 130 College Ave NE Grand Rapids, MI.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: 1890‑built 3‑unit multi‑family with all three units currently leased; Main‑floor unit: 2 bedrooms, 2 full baths, kitchen with large center island, in‑unit washer/dryer; Main‑floor unit includes garage parking and a private patio overlooking a large backyard
