1722-1727 Alto Avenue, Grand Rapids, MI 49507-2101
1722-1727 Alto Avenue, Grand Rapids, MI 49507-2101
1722-1727 Alto Avenue, Grand Rapids, MI 49507-2101
16
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$550,000
Est. payment /mo
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9 Beds
3 Baths
2,569 SqFt
New

1722-1727 Alto Avenue Grand Rapids, MI 49507-2101

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Beth Taylor

Beth Taylor

+1(810) 347-5332

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,569 sqft

Price per Sqft $214

MLS Listing ID 70538044

Style 2 Story

Bedrooms 9

Full Baths 3

Abv Grd Liv Area 2,569

Year Built 1946

Annual Tax Amount $5,313

Tax Year 2025

Lot Size 0.330 Acres

Acres 0.33

Lot Dimensions 3x 40x120

Property Sub-Type Single Family

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. Seller is a licensed REALTOR in MI.

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Residential

Interior

Hot Water Gas

Heating Forced Air

Exterior

Parking Features Detached Garage

Garage Spaces 3.0

Garage Yes

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Aluminum,Brick,Wood

Schools

School District Grand Rapids City School District

Others

SqFt Source Public Records

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Paul Bunce Real Estate

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Beth Taylor

Beth Taylor

Agent | License ID: 6501442975

+1(810) 347-5332

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1722-1727 Alto Avenue