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Updated about 8 years ago on . Most recent reply
near Grand Rapids MI. $18K gross rents. Net $12K. Fully rented.
2 family unit in the heart of Holland, MI, where rental demand exceeds the supply of available housing. Holland is part of the Grand Rapids metro area considered a top area for investors. Lower unit rents for $790 per month and upper rents for $723. Tenants pay all utilities. New roof in 2007, new windows 2008, and kitchens & baths have been remodeled. Basement with access for both units with laundry and storage. 2 car detached garage. Great cash flow with rents paid by the 1st each month. Could add a 3rd bedroom with a bath in lower unit. City Letter of Compliance good for 3 years issued August, 2016.
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