47-49 Coleman Street

Rare Grand Rapids duplex where one side is already renovated and ready to rent, and the other is already paying you. Unit 47 just got a full refresh: new kitchen, new flooring throughout, fresh paint, and a finished basement with new carpet, with appliances being added before closing. Next door, Unit 49 has a long-term, month-to-month tenant already in place, so income starts the moment you close, with room to grow over time. The big ticket upgrades are already done for you: a brand new roof, two new water heaters, fresh landscaping, and a resealed driveway. Each unit is separately metered for gas and electric, and the owner covers water on the shared meter, keeping this simple to manage. Tucked into Grand Rapids' south side near Kentwood and Wyoming, minutes from downtown, a rare pairing of renovation and income in one property.