$324,900
Grand Rapids, MI 49504
MLS# 26016535
1 / 25
Property Description
Welcome to 1043 Bridge St NW, located in one of Grand Rapids' fastest-growing development corridors. This well-maintained duplex is ideal for investors, owner-occupants, or those looking for a flexible opportunity. Professionally managed for approximately 8 years, the property features a 3-bedroom lower unit and a 2-bedroom upper unit. The lower unit is currently rented at $1,375/month with room for increased rents; the tenant plans to vacate within 45 days, creating a strong value-add opportunity. The upper unit is vacant and move-in ready. Major improvements include a newer roof and porch (within the last 5 years), along with vinyl siding and replacement windows, helping reduce future capital expenditures. 24-hour notice required for lower unit showings; easy access to upper. Property management can remain in place making this a truely turn key opportunity. Highest and best due April 28 by 11am.
Details
Maps
Location & Property Info
Cross Streets: Lane
Property Sub-Type: 2 to 4 Units
Municipality: City of Grand Rapids
Ownership Type: Private Owned
Office/Contract Info
Auction or For Sale: For Sale
List Price/SqFt: 165.51
General Property Info
New Construction: No
Lot Dimensions: 40*110
Road Frontage: 40
Cert of Compliance: No
Waterfront: No
Basement: Yes
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: 1
Total Approx. SqFt All Bldgs: 1963
Total Parking Spaces: 3
School District: Grand Rapids
Lot Measurement: Acres
Lot Square Footage: 4400
Lot Acres: 0.1
Year Built: 1890
Tax Info
Taxable Value: 48577
SEV: 128600
For Tax Year: 2025
Seller's Annual Property Tax: 2504
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: N/A
Zoning: NA
Tax ID #: 41-13-23-458-030
Remarks & Misc
Public Remarks: Welcome to 1043 Bridge St NW, located in one of Grand Rapids' fastest-growing development corridors. This well-maintained duplex is ideal for investors, owner-occupants, or those looking for a flexible opportunity. Professionally managed for approximately 8 years, the property features a 3-bedroom lower unit and a 2-bedroom upper unit. The lower unit is currently rented at $1,375/month with room for increased rents; the tenant plans to vacate within 45 days, creating a strong value-add opportunity. The upper unit is vacant and move-in ready. Major improvements include a newer roof and porch (within the last 5 years), along with vinyl siding and replacement windows, helping reduce future capital expenditures. 24-hour notice required for lower unit showings; easy access to upper. Property management can remain in place making this a truely turn key opportunity. Highest and best due April 28 by 11am.
Legal: LOT 34* BARKER & VEDDER S ADDITION
Income and Expenses
Annual Insurance: 877
Annual Maintenance: 893
Annual Mgmt. Fees: 649
Annual Utilities: 805
Gross Op. Inc.: 15900
Net Operating Income: 10365
Operating Expense: 4740
Street Type
Paved: 1
Util Avail at Street
Cable Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
FHA: 1
VA Loan: 1
Mineral Rights
Unknown: 1
Exterior Material
Vinyl Siding: 1
Roofing
Composition: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
None: 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Trash: 1
Driveway
Unpaved: 1
Substructure
Michigan Basement: 1
Owner Pays
Water: 1
Unit 1
Unit #: 1
Unit Description: Upper
SqFt: 859
Occupied: Yes
Monthly Rent: 650
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Range Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Unit 2
Unit #: 2
Unit Description: Lower
SqFt: 1104
Occupied: Yes
Monthly Rent: 675
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Range/Oven: 1
Refrigerator: 1
Sep. Heat System: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 1043
Street Name: Bridge
Suffix: Street
Post Direction: NW
State: MI
Zip Code: 49504
Zip (4): 5061
OfficeContract Info
Status: Active
Current Price: $324,900
List Price: $324,900
Listing Date: 2026-04-20
Remarks Misc
Directions: Lane to Bridge, west on Bridge to home
Property Features
Exterior Material: Vinyl Siding
Roofing: Composition
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Cable Available
Owner Pays: Water
Tenant Pays: Electric; Gas; Trash
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: None
Driveway: Unpaved
Street Type: Paved
Mineral Rights: Unknown
Terms Available: Cash; Conventional; FHA; VA Loan
Possession: Close Of Escrow
Sale Conditions: None
Unit 1: Range Oven; Refrigerator; Sep. Heat System
Unit 2: Range/Oven; Refrigerator; Sep. Heat System
Listing Office: United Realty Services LLC
Listing Agent: Timothy J VandenToorn
Last Updated: April - 20 - 2026
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