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$ 599,000
Est. payment /mo
Active
4240 Norman Drive Grand Rapids, MI 49508-8939
3,438 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,438 sqft
Price per Sqft $174
Subdivision Mi
MLS Listing ID 70460329
Year Built 1972
Annual Tax Amount $7,590
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 80x150
Property Sub-Type Multi-Family
Property 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.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Multi-Family
Interior
Heating Forced Air
Exterior
Exterior Feature Aluminum, Brick
Amenities Available Laundry Facility
Building
Lot Description Sidewalks
Structure Type Aluminum,Brick
Schools
School District Kentwood Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,Land Contract,VA
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Listed by Bellabay Realty LLC