Well-maintained 4-unit apartment building located at 834 Sherman St SE in Grand Rapids. The property is 100% occupied and features a desirable unit mix of two (2) 2-bedroom/1-bath units and two (2) 1-bedroom/1-bath units, providing strong and diversified rental income.
Built in 1855, this property offers historic character with functional layouts and includes landlord-owned shared laundry in the basement, creating an additional income opportunity. Tenants benefit from on-site parking and a central location with convenient access to downtown, major employers, universities, and public transportation.
Located in the Baxter neighborhood, the asset is positioned in a high-demand rental area near amenities, dining, and employment centers, supporting long-term occupancy and rent growth.