4240 Norman Drive Se

Grand Rapids, Michigan 49508

  • 8 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.28
    Acre(Lot)
$599,000

Description

Check out this fully renovated 4-unit property in grand rapids with strong cash flow. each unit offers 2 beds, 1 bath, and approx. 774 sq ft. updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new hvac systems, water heaters, sliding doors, and decks. the property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. this property is fully occupied with current gross rents of $5,185/month. owner covers lawn care, snow, gas, water/sewer, and common utilities. seller is open to creative offers with 25% down and a 2-3 year balloon. rent roll and t12 are available with a signed confidentiality agreement. showings after accepted offer. contact brett with any interest or for more information.

  • Property Type

    Multifamily

  • County

    Kent

  • Style

    Multifamily

  • AD ID

    49234198

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Property Details

  • Interior Features

    • Laundry Facility,Cable Available
    • Roof : Composition
    • Basement Description: Walk-Out Access

    Heating & Cooling

    • Cooling: Central Air
    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1972
    • Total Units: 4
    • Roof: Composition

    Utility Features

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

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.28
    • Dimensions: 80x150

    Property Information

    • Financing: Cash,Contract,Conventional,FHA,VA

  • Listing Price Information

    • Original List Price: $599,000

    Listing Information

    • Possession: At Close
    • Legal Description: NWLY 80 FT OF LOT 104 * LANGDON PLAT NO.1

  • Tax Information

    • Annual Tax: $7,590
    • Parcel Number: 411820477025

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: NWLY 80 FT OF LOT 104 * LANGDON PLAT NO.1

  • Parking Information

    • Parking: 8

    Multi-Unit Information

    • Road Frontage: Paved,Pub. Sidewalk

    Unit 2 Information

    • # of Bedrooms: 4

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 04/21/2025 @ 15:58

  • MLS: 624954111
  • 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. are nearby neighborhoods.