940 Monroe Ave Nw, Grand Rapids, MI 49503

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $199 per day and long-term for an average of $2,125 per month, based on similar listings in the area. Estimated short-term cap rate of -4.7%. Estimated long-term cap rate of -5.5%. INCREDIBLE RARE OPPORTUNITY! This luxurious double-unit condo is the finest Boardwalk has to offer with grand spaces and sweeping views of the Grand River and Canal Park from every room! Highlights include a new chef's kitchen, perfect for entertaining, overlooking the expansive living and dining areas; spacious primary en suite with oversized closet and private bath; exposed brick walls; wood beam ceilings; new flooring; two additional bedrooms with built-in shelves; second full bath; large laundry room with storage area and separate entrance; and two same level secured parking spaces in attached garage. The Boardwalk HOA includes on-site 24-hour security; outdoor pool; year-round hot tub; dog park, game room; rooftop deck and courtyard with gas grills.Potential MIL/Nanny suite or rental opportunity with 2nd entrance. Other on-site amenities available at an additional charge include Brickyard Tavern; fitness center; community laundry room; additional storage spaces; and extra parking. Close to riverfront, parks, coffee shops, restaurants, breweries, Medical Mile, and everything awesome that downtown Grand Rapids has to offer!