116 Coleman Street Active

Grand Rapids,MI 49548

$ 999950

- Bed

- Bath

5900 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $169

Subdivision Mi

MLS Listing ID 70498371

Year Built 1984

Annual Tax Amount $6,800

Tax Year 2025

Lot Size 0.580 Acres

Acres 0.58

Lot Dimensions 210x120x210x120

Property Sub-Type Multi-Family

Property Description

Great opportunity for medium size investor or investment group, this solid brick building includes seven 2-bedroom units and one 1-bedroom unit, coin operated laundry, and two furnace rooms. Tenant pays their own heating/cooling and electrical; landlord pays for gas/electric in the common areas. There is an 8-car carport plus open air parking for 8 more vehicles. We also have listed an 8-unit building to the east (146 Coleman), which is also available for $999,950. This is a one owner building purchased 40 years ago and has been a great investment. Low taxes, low regulation Gaines Township is also a bonus. Call L.S. Dwight Berens only for more information. All offers due Fri 10/17 5:00 pm

Location

State MI

County Kent

Area Gaines Twp (41010)

Zoning Commercial

Interior

Heating Forced Air

Exterior

Exterior Feature Brick

Parking Features Carport

Amenities Available Laundry Facility

Building

Foundation Slab

Structure Type Brick

Schools

School District Kentwood Public Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional

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