125 Eastern Avenue SE, Grand Rapids, MI 49503

Other
THB ฿21,989,367
USD $649,900
Published on: 22 Nov 2024
Last updated on: 22 Nov 2024
125 Eastern Avenue SE, Grand Rapids, MI 49503
125 Eastern Avenue SE, Grand Rapids, MI 49503
125 Eastern Avenue SE, Grand Rapids, MI 49503
+60
125 Eastern Avenue SE, Grand Rapids, MI 49503
  • 60
Property ID: 110095891523
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2 to 4 Units - Grand Rapids, MI

125 Eastern Avenue SE, Grand Rapids, MI 49503
Seller offering 3% in concessions. Incredible income property in a prime location! This 4-unit gem, fully rented, offers outstanding cash flow and a range of impressive upgrades that enhance value and appeal. Recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, fresh paint; new double-pane vinyl windows with aluminum wrap; total plumbing overhaul with PEX. Original water heater has been replaced by 4 dedicated units, 1 per apartment. In-unit laundry added to Units #1 & #2; Units #3 & #4 enjoy shared laundry in basement. Other updates include: new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, newly installed gutters and downspouts on north and south sides. Property is well-maintained and thoughtfully upgra Seller offering 3% in concessions. Incredible income property in a prime location! This 4-unit gem, fully rented, offers outstanding cash flow and a range of impressive upgrades that enhance value and appeal. Recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, fresh paint; new double-pane vinyl windows with aluminum wrap; total plumbing overhaul with PEX. Original water heater has been replaced by 4 dedicated units, 1 per apartment. In-unit laundry added to Units #1 & #2; Units #3 & #4 enjoy shared laundry in basement. Other updates include: new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, newly installed gutters and downspouts on north and south sides. Property is well-maintained and thoughtfully upgraded to attract and retain tenants. Don't miss this fantastic investment opportunity! All offers due by 11/25 at 4pm.

Property Details

Basic Info

Property Type
Other
Listing Status
Active
Land Size
404.69 m2
Year Built
1878
Architecture Style
Other
Building Unit Count
4
Franchise
Keller Williams Realty
County
Kent
Parcel ID
41-14-30-433-014
Provider
Grand Rapids North Market Center, LLC
Brokerage Office Name
Grand Rapids North Market Center, LLC
Brokerage Office Phone
(616) 447-9100
Neighbourhoods
Grand Rapids - G
Address
125 Eastern Avenue SE, Grand Rapids, MI 49503

Nearby Schools

TypeSchool nameDistrict name
ElementaryNot availableGrand Rapids
HighNot availableGrand Rapids
JuniorhighNot availableGrand Rapids
MiddleNot availableGrand Rapids

Tax History

YearTax amount
2024USD $7399.65THB ฿250,367*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.

Contact Agent
Michael Smallegan
3237 Platinum St NE, Grand Rapids, MI 49525
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Michael Smallegan
3237 Platinum St NE, Grand Rapids, MI 49525
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      Property ID: 110095891523

      Data provided by Grand Rapids North Market Center, LLC, MLS #: 24059658
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