1238 Northfield Avenue NE, Grand Rapids, MI 49505
$525,000 - Sold
- MLS#: 23136899
- Number of Units: 4
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1961
- Basement: Yes
- Air: None11
- Lot Size: 109x111
- Square Footage: 4,526
- Exterior: Aluminum Siding, Brick
- Water: Public
- Acreage: .28
- Heat: Forced Air/Natural Gas
- PPN: 41-14-17-352-026
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Cable,Electric,Natural Gas,Telephone Line
- Utilities Available at Street: Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water,Storm Sewer,Telephone Line
- Extras: Carports,Sep Electric Meter,Sep Gas Meter,Tenant Storage
- Lot Description: Level,Sidewalk
- Frontage/Type: 109 / Street, 0 / Water
- Terms: Cash, Conventional
- Original Price: $525,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: Fuller Ave. to Leonard W. to Northfield N. to property (Northfield St. is across from Vitales Pizza).
- Property Description: Investors: Check out this Grand Rapids NE brick 4-unit apartment bldg with a mid-century modern flair! Well-constructed & solid. Even the dividing walls are concrete! Units are the same with 2 bedrooms, 1 bath, & full basements with laundry hookups! Basements could be finished for future expansion. Many updates, easy maintenance grounds & 4 carport stalls (1 per unit)! Great location close to downtown GR restaurants, schools & bus routes. Professionally managed by Urban Farm P.M. 3 tenants on month-to-month leases for flexibility. 1 new tenant signed lease until July 31, 2024 (unit still vacant & viewable). After accepted offer, seller to make other units available to be seen, lessening inconvenience to tenants. Looking for a great investment to add to your portfolio? Look no further!
- Commission Offered:
- Buyer Agency: 2.50 % Sub Agency: 4.00 % Transaction Coordinator:
- Disclaimer: The listing broker's offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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