Grand Rapids, MI 49503-4443,125 Eastern Avenue
Grand Rapids, MI 49503-4443,125 Eastern Avenue
Grand Rapids, MI 49503-4443,125 Eastern Avenue
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$624,900
Est. payment /mo
4,356 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 24059658

Year Built 1878

Annual Tax Amount $7,399

Tax Year 2024

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 54 x 82

Property Sub-Type Multi-Family

Property Description

Seller offering 3% in concessions. Incredible income property in a prime location! This 4-unit gem, fully rented, offers outstanding cash flow and a range of impressive upgrades that enhance value and appeal. Recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, fresh paint; new double-pane vinyl windows with aluminum wrap; total plumbing overhaul with PEX. Original water heater has been replaced by 4 dedicated units, 1 per apartment. In-unit laundry added to Units #1 & #2; Units #3 & #4 enjoy shared laundry in basement. Other updates include: new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, newly installed gutters and downspouts on north and south sides.

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Residential

Rooms

Basement MI Basement

Interior

Heating Baseboard, Forced Air

Cooling None

Exterior

Exterior Feature Vinyl Siding

Amenities Available Laundry Facility

Building

Lot Description Sidewalks

Foundation Basement

Structure Type Vinyl Siding

Schools

School District Grand Rapids City School District

Others

Energy Description Electric,Natural Gas

Financing Cash,Conventional


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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Keller Williams GR North
agent

Found It Homes

Agent

+1(800) 790-7576

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