125 Eastern Avenue Active

Grand Rapids,MI 49503-4443

$ 600000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70442104

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

This fully rented 4-unit property in a prime location offers great cash flow and numerous upgrades! Recent improvements include refreshed common areas with new carpet runners, vinyl plank flooring, and fresh paint; new double-pane vinyl windows with aluminum wrap; plumbing overhaul with PEX; and four dedicated water heaters (one per unit). Units #1 and #2 feature in-unit laundry, while Units #3 and #4 have shared laundry in the basement. Other updates include new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, and newly installed gutters and downspouts. Well-maintained and ready for tenants!

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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