812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
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812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
812 Butterworth Street SW
Sold

812 Butterworth Street SW

812 Butterworth Street SW, Grand Rapids, MI 49504

$650,000
Welcome to your next lucrative investment! This newly updated 5-unit building boasts an impressive combination of 3 modern apartments and 2 highly sought-after commercial suites, making it a prime opportunity for savvy investors like yourself. Strategically situated within walking distance from downtown, this property is perfectly positioned to benefit from the area's ongoing development and increasing property values. Currently generating a robust monthly income of $6,500, this property's potential for further growth is astounding. With the ability to raise the revenue to $7,500 or more, you'll enjoy an attractive return on investment. The demand for commercial spaces at this rental price is exceptionally high, ensuring a consistent stream of income for years to come.

3,659 Sq.Ft. lot

Robert J. Larson

Robert J. Larson

Features & Amenities

Area & Lot

  • Status Sold
  • Lot Area3,659 Sq.Ft.
  • MLS® ID23028657
  • TypeMulti-Family
  • YEAR BUILT1910
  • School DistrictGrand Rapids

Exterior

  • utilitiesBroadband Available, Natural Gas Connected, Electric Connected, Cable Connected
  • roofRubber
  • lot featuresLevel
  • HEAT TYPEForced Air, Natural Gas
  • AIR CONDITIONINGWindow Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$650,000
  • Real Estate Tax $5,324/yr

Work With Us

Our knowledge of local neighborhoods and decades of experience as licensed and certified appraisers make us qualified to provide valuation services through-out West Michigan. Contact us today to find out how we can be of assistance to you!