117 Deloney Avenue SW, Grand Rapids, MI 49504
- 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.
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