Kathy FlemingReed City Realty, REALTOR®,

231-388-2454

117 Deloney Avenue SW, Grand Rapids, MI 49504

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$274,900
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Grand Rapids
  • County Kent
  • Township City of Grand Rapids
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Full
  • Garage  
  • Acreage 0.95
  • Heat Type Forced Air
  • Central Air  
  • Year Built 1870
  • Style  
  • Exterior  
  • Taxes  
  • SEV 92800
  • Zoning n/a
  • Parcel 41-13-26-435-015
  • Lot Size 63 x 66

Features

Well-maintained 2-unit investment property located within close distance to GVSU's downtown business campus.

Unit 1 features 2 bedrooms and 1 full bathroom with current rent at $1,100/month. Unit 2 offers 1 bedroom and 1 full bathroom with current rent at $1,200/month. Both leases run through 7/15/2026, providing immediate and stable rental income.

The property is City Certified through 3/28/2028 and has several updates, including newer siding, vinyl replacement windows, and water heaters that are approximately four years old. One furnace is approximately 8 years old and the second is approximately 18 years old. Property has split electric and gas meters.

Strong rental history, solid mechanicals, and a prime downtown location make this an attractive addition to any investment portfolio.

Full inspection report available for buyer's convenience.

To respect tenant privacy, showings are limited to Thursdays from 3-5 PM and Saturdays from 10 AM-1 PM.

Directions US 131, Market St. Exit, Northeast to Fulton, West past Indiana, South on Deloney.
Listing Courtesy of Ashleigh VanDuinen-Leistra - Re/Max of Grand Rapids (Grandville)

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