1051 Prospect Avenue

Updated duplex with awesome ROI on Grand Rapids' Southeast Side. Significant improvements are complete, rental rates are increased, and new leases are in place. Both units have 2 bedrooms and 1 bath. One unit is leased for $878/month and the other is $825/month. Unit 1 has new flooring and paint along with new appliances. Unit 2 has new painting and flooring throughout, newly updated bath, new kitchen appliances and freshly painted kitchen cabinets. The windows have been rehabbed and screens are replaced. Electrical wiring and new smoke detectors installed. New roof and new skylights. Current Tenants participate in Community Rebuilders which provides permanent and supportive housing and rent is guaranteed to be paid by the organization. City Certificate of Compliance is good through 2021.