Grand Rapids, MI 49548,116 Coleman SE Street
Grand Rapids, MI 49548,116 Coleman SE Street
Grand Rapids, MI 49548,116 Coleman SE Street
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$999,950
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0.58 Acres Lot
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116 Coleman SE Street Grand Rapids, MI 49548

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Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Active

Purchase Type For Sale

Municipality Gaines Twp

MLS Listing ID 25051710

Year Built 1984

Annual Tax Amount $6,800

Tax Year 2025

Lot Size 0.579 Acres

Acres 0.58

Lot Dimensions 210x120x210x120

Property Sub-Type 5+ Units

Source Michigan Regional Information Center (MichRIC)

Property Description

Great opportunity for medium size investor or investment group, this solid brick building includes seven 2-bedroom units and one 1-bedroom unit, coin operated laundry, and two furnace rooms. Tenant pays their own heating/cooling and electrical; landlord pays for gas/electric in the common areas. There is an 8-car carport plus open air parking for 8 more vehicles. We also have listed an 8-unit building to the east (146 Coleman), which is also available for $999,950. This is a one owner building purchased 40 years ago and has been a great investment. Low taxes, low regulation Gaines Township is also a bonus. Call L.S. Dwight Berens only for more information.

Location

State MI

County Kent

Area Grand Rapids - G

Direction East off 7400 block of S Division

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Wall Unit(s)

Fireplaces Number 1

Laundry Laundry Room

Exterior

Parking Features Asphalt, Driveway

Utilities Available Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Handicap Access No Step Entrance

Total Parking Spaces 12

Building

Lot Description Level

Structure Type Brick

New Construction No

Schools

School District Kentwood

Others

Tax ID 41-22-07-305-052

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Listed by RE/MAX of Grand Rapids (Stndl)

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Motus Real Estate

Motus Real Estate

Broker

+1(248) 270-5999

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116 Coleman SE Street