Description
Welcome to 37 rose st sw -- a smart investment with real upside. this cash-flowing duplex is currently generating $2,000/+ month in rental income with two 2-bed/1-bath units. utilities are separately metered for gas and electric, with tenants paying their own usage.recent improvements include a new roof (2024), newer appliances, and a city of grand rapids rental certification valid through 2028, definitely turnkey.zoned multi-family with adu potential and located in roosevelt park, a fast-growing neighborhood with infrastructure upgrades, improved transit, and new development -- a smart long-term hold in a rising grand rapids corridor.welcome to 37 rose st sw (1&2) a high-potential property in one of the city's fastest-growing neighborhoods. currently generating $2,700/month in rental income, this home is a turnkey investment opportunity with room to grow. the generous lot and favorable zoning support both multi-family development and adu (accessory dwelling unit) potential, making it ideal for investors, developers, or owner-occupants seeking added income or space for extended family.
located in a corridor experiencing significant infrastructure upgrades including new transit options, roadway improvements, and community revitalization projects the area is attracting strong interest and continued investment.
whether you're looking to expand your rental portfolio or develop for long-term value, 37 rose st sw could deliver immediate cash flow and future upside. don't miss your chance to invest in a property with proven income and serious potential.
Property Type
MultifamilyCounty
KentStyle
MultifamilyAD ID
50199592
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Property Details
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Interior Features
Interior Features
- Laundry Facility
- Roof : Slate
Heating & Cooling
- Cooling: Central Air
- Heating: Baseboard,Forced Air
- Heating Fuel: Electric,Natural Gas
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Exterior Features
Building Information
- Year Built: 1900
- Total Units: 2
- Roof: Slate
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.14
- Dimensions: 5,924
Property Information
- Financing: Cash,Conventional,FHA,VA
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Listing Information
Listing Price Information
- Original List Price: $325,000
Listing Information
- Possession: At Close
- Legal Description: W 5 FT OF LOT 7 & E 40 FT OF LOT 8* LEVI BROTHERS ADDITION
-
Taxes / Assessments
Tax Information
- Annual Tax: $1,627
- Parcel Number: 411701477045
Possession
- At Close
Legal Information
- Legal Description: Section: W 5 FT OF LOT 7 & E 40 FT OF LOT 8* LEVI BROTHERS ADDITION
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Multi-Unit Information
- Road Frontage: Pub. Sidewalk
Unit 2 Information
- # of Bedrooms: 2
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
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BuyOwner last updated this listing 06/21/2025 @ 01:04
- MLS: 628830886
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 4 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and Garage parking. are nearby neighborhoods.