1248 Northfield Avenue NE, Grand Rapids, MI 49505
$620,000 - Sold
- MLS#: 24022966
- 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: Window Unit(s)
- Lot Size: 109x110
- Square Footage: 0
- Exterior: Brick
- Water: Public
- Acreage: .28
- Heat: Forced Air/Natural Gas
- PPN: 41-14-17-352-025
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Cable
- Utilities Available at Street: Cable,Electric,Natural Gas,Public Sewer,Public Water,Storm Sewer,Telephone Line
- Extras: Carports
- Lot Description:
- Frontage/Type: 109 / Street, 0 / Water
- Terms: Cash, Conventional, FHA, VA Loan
- Original Price: $637,900
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: From Leonard take Northfield N
- Property Description: **Prime Investment Opportunity for investor or owner occupant 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 backdrop 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.
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