$600,000
125 Eastern Avenue SE
Grand Rapids, MI, 49503
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!
Property Details
Price:
$600,000
MLS #:
24059658
Status:
Active
Beds:
0
Baths:
0
Address:
125 Eastern Avenue SE
Type:
Single Family
Subtype:
2 to 4 Units
City:
Grand Rapids
Listed Date:
Nov 21, 2024
State:
MI
ZIP:
49503
Lot Size:
4,443 sqft / 0.10 acres (approx)
Year Built:
1878
Schools
School District:
Grand Rapids
Interior
Cooling
None
Fireplaces Total
1
Heating
Baseboard, Forced Air
Laundry Features
Common Area, In Basement, In Unit
Exterior
Construction Materials
Vinyl Siding
Roof
Composition
Financial
Tax Year
2024
Taxes
$7,400
Mortgage Calculator
Map
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