$575,000
$599,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
0.28 Acres Lot
SOLD DATE : 06/13/2025
Key Details
Sold Price $575,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65025013671
Sold Date 06/13/25
Bedrooms 4
Year Built 1972
Annual Tax Amount $7,590
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 80x150
Source Greater Regional Alliance of REALTORS®
Property Description
Check out this fully renovated 4-unit property in Grand Rapids with strong cash flow. Each unit offers 2 beds, 1 bath, and approx. 774 sq ft. Updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new HVAC systems, water heaters, sliding doors, and decks. The property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. This property is fully occupied with current gross rents of $5,270.00/month. Owner covers lawn care, snow, gas, water/sewer, and common utilities. Seller is open to creative offers with 25% down and a 2-3 year balloon. Rent roll and T12 are available with a signed confidentiality agreement. Showings after accepted offer. Contact Brett with any interest or for more information.
Location
State MI
County Kent
Area Grand Rapids
Zoning Other
Direction North on Stuart Ave SE turn right off Langley St SE
Rooms
Basement Walk-Out Access
Interior
Interior Features Laundry Facility, Cable Available
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 8.0
Roof Type Composition
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal)
Structure Type Aluminum,Brick
Schools
School District Kentwood
Others
Pets Allowed Yes
Tax ID 411820477025
Ownership Broker/Agent Owned
Acceptable Financing Cash, Contract, Conventional, FHA, VA
Listing Terms Cash, Contract, Conventional, FHA, VA
Financing Cash,Contract,Conventional,FHA,VA
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