944 33rd Street SE 950 Pending Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49508
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 65025010513
Bedrooms 4
Year Built 1963
Annual Tax Amount $7,300
Lot Size 0.280 Acres
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. At the most recent city cert inspection in 2022, 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.Seller is a licensed agent in the state of Michigan.
Location
State MI
County Kent
Area Grand Rapids
Zoning Other
Interior
Heating Baseboard
Cooling Window Unit(s)
Exterior
Garage Spaces 8.0
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal),Water at Street
Structure Type Brick,Wood
Schools
School District Grand Rapids
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional