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$ 640,000
Est. payment | /mo
4 Baths
0.3 Acres Lot
$ 640,000
Est. payment | /mo
4 Baths
0.3 Acres Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251010448
Year Built 1964
Annual Tax Amount $8,614
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 84X154
Source Realcomp
Property Description
Fantastic Investment Opportunity! This well-maintained apartment building features three fully turnkey 2-bedroom, 1-bath units each renting for $1,300/month, and one 1-bedroom, 1-bath unit renting for $1,100/month. All units are consistently occupied with month-to-month leases, providing excellent income and flexibility for future ownership. Tenants pay their own electric.Recent 2024 updates include a brand new roof on both the main building and garage port, a fully remodeled Unit 2, new front and back doors with security locks, updated electrical, freshly renovated common hallways, and the addition of a coin-operated laundry area. The entire property has been freshly painted inside and out, with upgraded landscaping, new mailboxes, exterior security lighting, and a full camera system covering outdoor areas and interior hallways. All units will be made available for inspection after an accepted offer. covering outdoor areas and interior hallways. All units will be made available for inspection after an accepted offer.
Location
State MI
County Kent
Area Grand Rapids - G
Zoning Multi-Family
Direction E of Eastern Ave SE to 33rd SE to Marshall
Rooms
Basement Crawl Space
Interior
Heating Baseboard
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Grand Rapids
Others
Tax ID 411817301009
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by RE/MAX Classic
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Tricia Carlson
REALTOR® | Lic# 6506048426