125 Eastern Avenue Se

Grand Rapids, Michigan 49503

  • 8 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.1
    Acre(Lot)
$649,900

Description

Seller offering 3% in concessions. incredible income property in a prime location! this 4-unit gem, fully rented, offers outstanding cash flow and a range of impressive upgrades that enhance value and appeal. recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, fresh paint; new double-pane vinyl windows with aluminum wrap; total plumbing overhaul with pex. original water heater has been replaced by 4 dedicated units, 1 per apartment. in-unit laundry added to units #1 & #2; units #3 & #4 enjoy shared laundry in basement. other updates include: new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, newly installed gutters and downspouts on north and south sides. property is well-maintained and thoughtfully upgraseller offering 3% in concessions. incredible income property in a prime location! this 4-unit gem, fully rented, offers outstanding cash flow and a range of impressive upgrades that enhance value and appeal. recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, fresh paint; new double-pane vinyl windows with aluminum wrap; total plumbing overhaul with pex. original water heater has been replaced by 4 dedicated units, 1 per apartment. in-unit laundry added to units #1 & #2; units #3 & #4 enjoy shared laundry in basement. other updates include: new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, newly installed gutters and downspouts on north and south sides. property is well-maintained and thoughtfully upgraded to attract and retain tenants. don't miss this fantastic investment opportunity! all offers due by 11/25 at 4pm.

  • Property Type

    Multifamily

  • County

    Kent

  • Style

    Multifamily

  • AD ID

    47647826

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Property Details

  • Interior Features

    • Laundry Facility
    • Roof : Composition

    Heating & Cooling

    • Heating: Baseboard,Forced Air
    • Heating Fuel: Electric,Natural Gas

  • Building Information

    • Year Built: 1878
    • Total Units: 4
    • Roof: Composition
    • Foundation/Basement: Michigan Basement

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain

    Water

    • Public (Municipal),Water at Street

  • Lot Information

    • Lot Size: 0.10
    • Dimensions: 54 x 82

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $649,900

    Listing Information

    • Possession: Subject To Tenant Rights
    • Legal Description: N 82 FT OF LOT 12 & N 82 FT OF E 4 1/2 FT OF LOT 11* BERKEY S ADDITION

  • Tax Information

    • Annual Tax: $7,400
    • Parcel Number: 411430433014

    Possession

    • Subject To Tenant Rights

    Legal Information

    • Legal Description: Section: N 82 FT OF LOT 12 & N 82 FT OF E 4 1/2 FT OF LOT 11* BERKEY S ADDITION

  • Multi-Unit Information

    • Road Frontage: Pub. Sidewalk

    Unit 1 Information

    • # of Bedrooms: 1

    Unit 2 Information

    • # of Bedrooms: 2

    Unit 3 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal),Water at Street
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
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BuyOwner last updated this listing 11/23/2024 @ 05:20

  • MLS: 620567295
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 8 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Grand Rapids , in zip code 49503, this Kent County Multifamily and are nearby neighborhoods.