About 1722-1727 Alto Avenue Se
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.
