1248 Northfield Avenue NE, Grand Rapids, MI 49505 (MLS # 24022966)
**Prime Investment Opportunity for investor or owner occupant in Grand Rapids NE** Explore this exceptional 4-unit townhouse apartment building boasting a captivating mid-century modern aesthetic. Constructed with durability in mind, including solid concrete dividing walls, this property promises lasting quality. Each unit features a consistent layout comprising 2 bedrooms, 1 bath, and full basements complete with laundry hookups. The basements offer potential for expansion or additional amenities, ideal for customizing to suit tenant needs. Benefit from numerous updates throughout, ensuring low-maintenance upkeep. The property includes four convenient carport stalls, one per unit, enhancing tenant convenience and appeal. Located in close proximity to downtown Grand Rapids amidst a backdr op of exciting upcoming developments, this property presents an enticing investment opportunity. All tenants are currently on month-to-month leases with $1290/Month on each units, providing flexibility for new ownership. Viewings are limited during open houses to respect tenants' privacy, with full access granted post-accepted offer or during inspection, minimizing disruption. Whether you're an investor seeking to diversify your portfolio or an owner-occupant looking for a sound investment, this property is not to be missed. Schedule your viewing today! Photos are from similar units before tenant move in. Please do not distrub the tenants. Seller to review all offer on 5/20 at 7 pm.
Seller is a Licensed real estate broker in the State Of Michigan.
DAYS ON MARKET
|
11
|
LAST UPDATED
|
5/11/2024
|
YEAR BUILT
|
1961
|
COMMUNITY
|
Grand Rapids - G
|
COUNTY
|
Kent
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Multi Family
|
|
|
AIR |
Window Unit(s) |
AIR CONDITIONING |
Yes |
AREA |
Grand Rapids - G |
BASEMENT |
Full, Yes |
BUYER'S BROKERAGE COMPENSATION |
2.00 |
CONSTRUCTION |
Brick |
FIREPLACE |
Yes |
HEAT |
Forced Air, Natural Gas |
LOT |
0.28 acre(s) |
LOT DIMENSIONS |
109x110 |
PARKING |
Asphalt, Driveway, Paved |
SEWER |
Public Sewer |
TAXES |
4552.81 |
UTILITIES |
Phone Available, Natural Gas Available, Cable Available, Cable Connected |
WATER |
Public |
ZONING |
RES |
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Listing provided by Blue Beacon Realty LLC, Vung L Mang
Copyright 2024 MichRIC, LLC. All rights reserved.
Updated 5/20/24 5:48 AM PDT
Information Deemed Reliable But Not Guaranteed.
This IDX solution is (c) Diverse Solutions 2024.
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