944 33rd SE Street #950 Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49508
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 25010513
Year Built 1963
Annual Tax Amount $7,300
Tax Year 2024
Lot Size 0.275 Acres
Acres 0.28
Lot Dimensions 88x136
Property Sub-Type 2 to 4 Units
Property Description
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. Seller is a licensed agent in the state of Michigan.
Location
State MI
County Kent
Area Grand Rapids - G
Direction Head south on Eastern Ave, turn east on 33rd Street SE.
Rooms
Basement Partial
Interior
Interior Features Broadband
Heating Baseboard
Cooling Window Unit(s)
Fireplaces Number 1
Exterior
Parking Features Paved
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected
View Y/N No
Street Surface Paved
Total Parking Spaces 8
Building
Lot Description Level,Wooded
Sewer Public Sewer
Structure Type Brick,Wood Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-18-17-351-009
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional