116 Coleman SE Street Pending Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49548
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 25051710
Year Built 1984
Annual Tax Amount $6,800
Tax Year 2025
Lot Size 0.579 Acres
Property Sub-Type 5+ Units
Property Description
Great opportunity for medium size investor or investment group, this solid brick building includes seven 2-bedroom units and one 1-bedroom unit, coin operated laundry, and two furnace rooms. Tenant pays their own heating/cooling and electrical; landlord pays for gas/electric in the common areas. There is an 8-car carport plus open air parking for 8 more vehicles. We also have listed an 8-unit building to the east (146 Coleman), which is also available for $999,950. This is a one owner building purchased 40 years ago and has been a great investment. Low taxes, low regulation Gaines Township is also a bonus. Call L.S. Dwight Berens only for more information. All offers due Fri 10/17 5:00 pm
Location
State MI
County Kent
Area Grand Rapids - G
Interior
Heating Forced Air
Cooling Wall Unit(s)
Laundry Laundry Room
Exterior
Parking Features Asphalt,Driveway
Utilities Available Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected
View Y/N No
Roof Type Composition
Building
Lot Description Level
Structure Type Brick
New Construction No
Schools
School District Kentwood
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional