MI > Grand Rapids
Grand Rapids, MI 49507,37 Rose Street SW
$325,000
Est. payment /mo
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2 Beds
6,098 Sqft Lot
Pending

37 Rose Street SW Grand Rapids, MI 49507

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Erica Mann

Erica Mann

+1(248) 791-2106

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 65025029161

Bedrooms 2

Year Built 1900

Annual Tax Amount $1,627

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 5,924

Source Greater Regional Alliance of REALTORS®

Property Description

Welcome to 37 Rose St SW -- a smart investment with real upside. This cash-flowing duplex is currently generating $2,000/+ month in rental income with two 2-bed/1-bath units. Utilities are separately metered for gas and electric, with tenants paying their own usage.Recent improvements include a new roof (2024), newer appliances, and a City of Grand Rapids rental certification valid through 2028, definitely turnkey.Zoned multi-family with ADU potential and located in Roosevelt Park, a fast-growing neighborhood with infrastructure upgrades, improved transit, and new development -- a smart long-term hold in a rising Grand Rapids corridor.Welcome to 37 Rose St SW (1&2) a high-potential property in one of the city's fastest-growing neighborhoods. Currently generating $2,700/month in rental income, this home is a turnkey investment opportunity with room to grow. The generous lot and favorable zoning support both multi-family development and ADU (Accessory Dwelling Unit) potential, making it ideal for investors, developers, or owner-occupants seeking added income or space for extended family.

Located in a corridor experiencing significant infrastructure upgrades including new transit options, roadway improvements, and community revitalization projects the area is attracting strong interest and continued investment.

Whether you're looking to expand your rental portfolio or develop for long-term value, 37 Rose St SW could deliver immediate cash flow and future upside. Don't miss your chance to invest in a property with proven income and serious potential.

Location

State MI

County Kent

Area Grand Rapids

Zoning Other

Direction NW of Burton and Division

Interior

Interior Features Laundry Facility

Heating Baseboard, Forced Air

Cooling Central Air

Fireplace no

Heat Source Electric, Natural Gas

Laundry 1

Exterior

Garage Spaces 4.0

Roof Type Slate

Road Frontage Pub. Sidewalk

Garage no

Building

Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain

Water Public (Municipal)

Structure Type Aluminum

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411701477045

Ownership Private Owned

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Virtual Tour https://tours.harrcreative.com/tour/1g83bg1d995

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by James A Peacock III of Coldwell Banker Schmidt Realtors

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agent

Erica Mann

Agent

+1(248) 791-2106

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37 Rose Street SW