Grand Rapids, MI 49548,116 Coleman SE Street
Grand Rapids, MI 49548,116 Coleman SE Street
Grand Rapids, MI 49548,116 Coleman SE Street
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$999,950
Est. payment /mo
0.58 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Pending

Purchase Type For Sale

Municipality Gaines Twp

MLS Listing ID 25051710

Year Built 1984

Annual Tax Amount $6,800

Tax Year 2025

Lot Size 0.579 Acres

Acres 0.58

Lot Dimensions 210x120x210x120

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

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

Direction East off 7400 block of S Division

Rooms

Basement Slab

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

Street Surface Paved

Handicap Access No Step Entrance

Total Parking Spaces 12

Building

Lot Description Level

Structure Type Brick

New Construction No

Schools

School District Kentwood

Others

Tax ID 41-22-07-305-052

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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Listed by RE/MAX of Grand Rapids (Stndl)

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Nick Schweihofer

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • 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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