1248 Northfield Avenue NE, Grand Rapids, MI 49505

$637,900
List Price
$637,900
Days on Market
9
MLS#
24022966
Status
ACTIVE
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

**Prime Investment Opportunity for investor or owner occupied 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.

Additional Information

Owner Pays
Water, Sewer
Taxes
$4,552
Acres
0.28
Basement
Full
Heating
Forced Air, Natural Gas
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
None, Electric, Trash Collection, Gas
Total Parking Spaces
4
Utilities
Phone Available, Storm Sewer Available, Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Cable Connected

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Vung L Mang (sbvlmang@gmail.com) from Listing Office: Blue Beacon Realty LLC.

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