Description
Looking for solid portfolio !! no look further. high-quality fourplex for sale in grand rapids. this building includes over $90,000 of recent capex updates, including 3 new kitchens, new roof in 2023, all new plumbing, new electrical panels, and all updated windows. at the most recent city cert inspection in 2022, the city inspector gave the building a 3-years certificate due to the excellent condition. unit#950 and 946 are fully renovated recently, which could give an opportunity to raise the rent. heat is electric baseboard, which is low maintenance and paid by tenants. owner pays for snow removal, lawn, trash, water, and gas. our long-term average for these utilities totals about $400/month. coin laundry machines are included and generate approximately $150/month additional revenue.
Property Type
MultifamilyCounty
KentStyle
MultifamilyAD ID
49005708
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Property Details
-
Interior Features
Heating & Cooling
- Cooling: Window Unit(s)
- Heating: Baseboard
- Heating Fuel: Electric
-
Exterior Features
Building Information
- Year Built: 1963
- Total Units: 4
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Water
- Public (Municipal),Water at Street
-
Property / Lot Details
Lot Information
- Lot Size: 0.28
- Dimensions: 88x136
Property Information
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $499,900
Listing Information
- Legal Description: LOT 8* MILLBROOK GARDENS
-
Taxes / Assessments
Tax Information
- Annual Tax: $7,300
- Parcel Number: 411817351009
Legal Information
- Legal Description: Section: LOT 8* MILLBROOK GARDENS
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 8
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 1
Unit 2 Information
- # of Bedrooms: 3
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal),Water at Street
- Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
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BuyOwner last updated this listing 04/03/2025 @ 22:25
- MLS: 624335291
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 7 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and Paved 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 49508, this Kent County Multifamily and are nearby neighborhoods.