1722-1727 Alto Avenue SE, Grand Rapids, MI 49507
Local realty services provided by:CENTURY 21 Affiliated
1722-1727 Alto Avenue SE,Grandrapids, MI 49507
$550,000
- 9 Beds
- 3 Baths
- 2,569 sq. ft.
- Single family
- Active
Listed by: paul bunce, todd j spencer
Office: paul bunce real estate
MLS#:65026028358
Source:MI_REALCOMP
Price summary
- Price:$550,000
- Price per sq. ft.:$107.05
About this home
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.All three properties have recently received 6-year City of Grand Rapids rental certifications, adding value and peace of mind for investors. Whether you are expanding an existing portfolio or looking for a multi-property investment with established rental history, this package offers a compelling combination of current cash flow, long-term tenant stability, below-market rent potential, and future rent growth opportunity....
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Home facts
- Year built:1946
- Listing ID #:65026028358
- Added:7 day(s) ago
- Updated:June 13, 2026 at 10:05 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:15
- Basement Description:Full
- Living area:2,569 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Shingle
- Year built:1946
- Building area:2,569 sq. ft.
- Lot area:0.33 Acres
- Architectural Style:Ranch
- Construction Materials:Aluminum Siding, Brick, Wood Siding
- Foundation Description:Basement
Utilities
- Water:Public
- Sewer:Public Sewer, Storm Drain
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$107.05
- Tax amount:$5,313
Features and amenities
- Laundry features:Gas Dryer Hookup, Washer Hookup
Parking
- Parking description:Detached
- Garage spaces:3
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