Alto, MI 49302,6257 Bancroft SE Avenue
Alto, MI 49302,6257 Bancroft SE Avenue
Alto, MI 49302,6257 Bancroft SE Avenue
33
$359,990
Est.Price: ?

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1 Acres Lot

6257 Bancroft SE Avenue Alto, MI 49302

Est. payment /mo
SOLD DATE : 10/31/2023

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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Sold

Purchase Type For Sale

Municipality Bowne Twp

MLS Listing ID 23031847

Sold Date 10/31/23

Year Built 1881

Annual Tax Amount $4,304

Tax Year 2022

Lot Size 1.000 Acres

Acres 1.0

Lot Dimensions 165x245

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

🏢 Prime Investment Opportunity in Alto, MI
Welcome to 6257 Bancroft, where an exceptional 3-unit rental property awaits astute investors searching for a strategic addition to their portfolio. This property presents an impeccable blend of stability, convenience, and profit potential. With a proven tenant history and an impressive annual rent income of $38,220, this investment gem guarantees both immediate cash flow and enduring value appreciation.
Property Overview:
Discover the advantages of this property, which comprises three effortlessly manageable units. Comprising two 2-bedroom units and one 3-bedroom unit, this layout caters to a variety of tenant preferences. The prime location directly across from Alto Elementary School and easy access to I-96 add to the proper desirability.
Features and Benefits:
 Strategic Unit Configuration: The property boasts two 2-bedroom units and a spacious 3-bedroom unit, optimizing flexibility and attracting a diverse range of tenants.
 Convenient Location: Situated right across the street from Alto Elementary School and offering quick access to I-96, the property's location is tailored for tenant convenience and long-term demand.
 Professional Management: With a dedicated property manager overseeing operations, you can trust that this investment is expertly maintained, ensuring hassle-free ownership.
 Solid Tenant History: A track record of exceptional tenant satisfaction is supported by established leases in place, enhancing the property's reliability and income stability.
 Investor's Dream: Whether you're a seasoned real estate investor or embarking on your investment journey, this property provides a golden opportunity to tap into a robust rental market and secure consistent rental income. desirability.
Features and Benefits:
 Strategic Unit Configuration: The property boasts two 2-bedroom units and a spacious 3-bedroom unit, optimizing flexibility and attracting a diverse range of tenants.
 Convenient Location: Situated right across the street from Alto Elementary School and offering quick access to I-96, the property's location is tailored for tenant convenience and long-term demand.
 Professional Management: With a dedicated property manager overseeing operations, you can trust that this investment is expertly maintained, ensuring hassle-free ownership.
 Solid Tenant History: A track record of exceptional tenant satisfaction is supported by established leases in place, enhancing the property's reliability and income stability.
 Investor's Dream: Whether you're a seasoned real estate investor or embarking on your investment journey, this property provides a golden opportunity to tap into a robust rental market and secure consistent rental income.

Location

State MI

County Kent

Area Grand Rapids - G

Direction Whitneyville S to 60th, E to Bancroft, S to Unit.

Rooms

Basement Full

Interior

Heating Hot Water, Natural Gas

Cooling None

Fireplaces Number 1

Exterior

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 10

Building

Lot Description Wooded

Sewer Public Sewer

Structure Type Wood Siding

New Construction No

Schools

School District Lowell

Others

Tax ID 41-24-04-176-010

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Listed by Greenridge Realty (Lowell)

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Ryley Dykstra

Ryley Dykstra

Agent | License ID: 6501460583

+1(616) 295-2185

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