2 to 4 Units

duplex for sale

24 views

Listed: 02/13/23

232 Oakley Place Northeast, Grand Rapids, MI 49503, USA

6 Bed:

2 Bath:

2,354 Sq Ft Living Area:

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Price

$ 325,000

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About This Duplex

Welcome to 232 Oakley Place! This Heritage Hill duplex is walking distance to medical mile and has provided great cash flow. The main floor 3 bedroom/1 bath unit is being sold fully furnished and is perfect for a short term rental! It was previously rented out for3, 000a month. It boasts great natural light and beautiful historic character. The upper unit is also 3 bedrooms/1 bath that is currently occupied for 1600 per month. The lease goes until6/30/23.Both furnaces and water heaters were replaced in 2015, and the exterior was painted in 2016. This home is a perfect property to add to your portfolio or owner occupy one unit. Call today to set up a showing!

Property Includes

Air Conditioning
Furnished
Roof Composition Shingle
Heating Forced Air
Fuel Heating Natural Gas

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Duplexes for sale in Grand Rapids

Heritage Hill Historic District Housing & Living

Household Income

Median household income: $44,369

Number of households: 73,434

The average household income in Grand Rapids, MI grew from $42,019 to $44,369 in the past year. This data is an estimate based upon 73,434 households in Grand Rapids, MI.
The chart below presents how household income is distributed in Grand Rapids, MI in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Grand Rapids, MI compared to median property taxes around the country. The prevalent amount of property taxes in Grand Rapids, MI equals $800-$1,500 , which is less than the national average.