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$640,000
Est. payment /mo
4 Baths
0.3 Acres Lot
UPDATED:
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.
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
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Listed by RE/MAX Classic
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal
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