944 33rd Street SE 950 Grand Rapids MI 49508 MLS #25010513

Looking for solid portfolio !! No look further. High-quality fourplex for sale in Grand Rapids. This building includes over $90,000 of recent CapEx updates, including 3 new kitchens, new roof in 2023, all new plumbing, new electrical panels, and all updated windows. The city inspector gave the building a 3-years certificate due to the excellent condition. Unit#950 and 946 are fully renovated recently, which could give an opportunity to raise the rent. Heat is electric baseboard, which is low maintenance and paid by tenants. Owner pays for snow removal, lawn, trash, water, and gas. Our long-term average for these utilities totals about $400/month. Coin laundry machines are included and generate approximately $150/month additional revenue. **BUYERS FINANCE FALL THROUGH ** Seller is a licensed agent in the state of Michigan.