1340 Plainfield Avenue, Grand Rapids, MI

$315,000

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0.14

Acres

About 1340 Plainfield Avenue

Unlock instant equity and strong cash flow at 1340 Plainfield Ave NE! Whether you are seeking a lucrative house-hack to live nearly rent-free or adding a high-performing asset to your portfolio, this versatile triplex delivers on all fronts. Newly Renovated & Vacant Units: Units 1 and 2 have been freshly updated from top to bottom. Intentionally left vacant for the sale, they are completely move-in ready for an owner-occupant or immediate market-rate tenant placement. Low Landlord Overhead: Split utilities put the power bills on the tenants, maximizing your net operating income. High-Demand Amenities: Features on-site laundry—a premier driver for tenant retention and premium rental rates in this corridor. Prime Location: Situated in the vibrant Creston neighborhood, tenants will love being minutes from local dining, parks, and quick access to Downtown Grand Rapids and major highways. Units 1,2, & common space available to tour anytime. Unit 3 only available after accepted offer. Please view photos which were just taken and floor plans.

Features of 1340 Plainfield Avenue

MLS® # 26043692
Price $315,000
Acres 0.14
Year Built 1900
Type Multi Family
Sub-Type 2 to 4 Units
Status Active

Community Information

Address 1340 Plainfield Avenue
City Grand Rapids
County Kent
State MI
Zip Code 49505

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced Air, Wall Furnace
Fireplace No

Exterior

Roof Composition

School Information

District Grand Rapids

Additional Information

Short Sale No
RE / Bank Owned No

Listing Details

AgentMitchell Luban
OfficeEdison Brokers & Co LLC

Listing Map

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