4240 Norman Drive SE, Grand Rapids, MI 49508 (MLS # 25013671)

PRICE	$599,000
BEDS	0
BATHS	0
HOME SIZE	n/a
LOT SIZE	12,197 sqft

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 $5,270.00/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.

DAYS ON MARKET	16	LAST UPDATED	4/14/2025
YEAR BUILT	1972	COMMUNITY	Grand Rapids - G
COUNTY	Kent	STATUS	Active
PROPERTY TYPE(S)	Multi Family

SCHOOLS

School District	Kentwood

ADDITIONAL DETAILS
AIR	Central Air
AIR CONDITIONING	Yes
AREA	Grand Rapids - G
BASEMENT	Full, Walk-Out Access, Yes
CONSTRUCTION	Aluminum Siding, Brick
FIREPLACE	Yes
HEAT	Forced Air, Natural Gas
LOT	0.28 acre(s)
LOT DIMENSIONS	80x150
PARKING	Asphalt, Driveway
SEWER	Public Sewer
TAXES	7590.33
UTILITIES	Natural Gas Available, Phone Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected, Sewer Available, Water Available
WATER	Public
ZONING	Multifamily

MORTGAGE CALCULATOR

TERM

SELLING PRICE

DOWN PAYMENT

INTEREST RATE

INSURANCE RATE

MONTHLY TAX

MONTHLY INSURANCE

TOTAL MONTHLY PAYMENT

Principal+Interest

*Estimate only

SATELLITE VIEW

First Name
Last Name
Phone Number
Email Address
Comments
Schedule a Showing?	/

We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Curt Carini to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Bellabay Realty LLC, Hunter J Maat

Updated 4/20/25 7:26 PM PDT

Information Deemed Reliable But Not Guaranteed.

This IDX solution is (c) Diverse Solutions 2025.