125 Eastern Avenue SE, Grand Rapids, MI 49503 (MLS # 24059658)

PRICE	$600,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	4,356 sqft

This fully rented 4-unit property in a prime location offers great cash flow and numerous upgrades! Recent improvements include refreshed common areas with new carpet runners, vinyl plank flooring, and fresh paint; new double-pane vinyl windows with aluminum wrap; plumbing overhaul with PEX; and four dedicated water heaters (one per unit). Units #1 and #2 feature in-unit laundry, while Units #3 and #4 have shared laundry in the basement. Other updates include new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, and newly installed gutters and downspouts. Well-maintained and ready for tenants!

DAYS ON MARKET	158	LAST UPDATED	4/4/2025
YEAR BUILT	1878	COMMUNITY	Grand Rapids - G
COUNTY	Kent	STATUS	Active
PROPERTY TYPE(S)	Multi Family

SCHOOLS

School District	Grand Rapids

PRICE HISTORY
Prior to Mar 11, '25	$649,900
Mar 11, '25 - Apr 4, '25	$624,900
Apr 4, '25 - Today	$600,000

ADDITIONAL DETAILS
AIR	None
AREA	Grand Rapids - G
BASEMENT	Yes
CONSTRUCTION	Vinyl Siding
FIREPLACE	Yes
HEAT	Baseboard, Electric, Forced Air, Natural Gas
LOT	4356 sq ft
LOT DESCRIPTION	Corner Lot
LOT DIMENSIONS	54 x 82
SEWER	Public Sewer
TAXES	7399.65
UTILITIES	Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
WATER	Public
ZONING	Residential

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Listing provided by Keller Williams GR North, Michael Smallegan

Updated 4/22/25 9:16 AM PDT

Information Deemed Reliable But Not Guaranteed.

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