37 Rose Street SW Grand Rapids, MI 49507
Listing Courtesy of: MichRic / Coldwell Banker Schmidt Realtors / James Peacock III

  37 Rose Street SW Grand Rapids, MI 49507

Pending (12 Days)

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.

MLS #:
25029161
Taxes
$1,627
Lot Size
5,924 SQFT
Type
Multifamily
Year Built
1900
County
Kent County

Listed By

James Peacock III, Coldwell Banker Schmidt Realtors
Source
MichRic
Last checked Jun 30 2025 at 6:04 PM GMT+0000
Bathroom Details
Interior Features
  • Broadband
Lot Information
  • Sidewalk
Heating and Cooling
  • Baseboard
  • Forced Air
  • Central Air
Basement Information
  • Full
Exterior Features
  • Aluminum Siding
Utility Information
  • Sewer: Public Sewer
Parking
  • Concrete
  • Driveway
Location
   
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Disclaimer: Copyright 2025 Michigan Regional Information Center (MichRIC). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 6/30/25 11:04