4240 Norman SE Drive 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
MLS Listing ID 25013671
Year Built 1972
Annual Tax Amount $7,590
Tax Year 2024
Lot Size 0.275 Acres
Property Sub-Type 2 to 4 Units
Property Description
Check out this fully renovated 4-unit property in Grand Rapids with strong cash flow. Each unit offers 2 beds, 1 bath, and approx. 774 sq ft. Updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new HVAC systems, water heaters, sliding doors, and decks. The property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. This property is fully occupied with current gross rents of $5,270.00/month. Owner covers lawn care, snow, gas, water/sewer, and common utilities. Seller is open to creative offers with 25% down and a 2-3 year balloon. Rent roll and T12 are available with a signed confidentiality agreement. Showings after accepted offer. Contact Brett with any interest or for more information.
Location
State MI
County Kent
Area Grand Rapids - G
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Laundry Common Area
Exterior
Parking Features Asphalt,Driveway
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Aluminum Siding,Brick
New Construction No
Schools
School District Kentwood
Others
Acceptable Financing VA Loan,FHA,Cash,Conventional,Contract
Listing Terms VA Loan,FHA,Cash,Conventional,Contract