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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 650,000

Est. payment | -/mo

0.28 Acres Lot

Save

$ 650,000

Est. payment | -/mo

Save

0.28 Acres Lot

Open House

Sat Oct 03, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65026051651

Year Built 1982

Lot Size 0.280 Acres

Acres 0.28

Property Sub-Type MultiFamily

Property Description

Open House Sat, Oct 3, 12-2 PM. No private showings. Fully leased 1982 4-unit on a private drive in NE Grand Rapids. Three neighboring 4-units on the drive are also for sale (16 units total!). Buy multiple and control the drive for potential ADUs, condo conversion, or a scaled long-term hold. Three units are month-to-month, giving room to reposition. Four 2BR/1BA units, approx. 900 sq ft each. Every unit has in-unit washer/dryer and its own furnace, water heater, and central AC. Tenants pay electric and gas; owner pays water, sewer, trash, lawn, and snow. Solid surface floors, one-piece tub/showers, and French doors to private decks (upper) or patios (lower). Lower units include dishwashers. Updates: 4 new AC units, new furnace, new water heater, one unit fully repainted, and overhanging trees removed from roofline. Unit rents shown are HUD FY2026 Fair Market Rent for a GR-area 2BR. Actual rents are below FMR, leaving room to grow income. Buyer to verify zoning for ADU/condo plans.Owning two or more buildings on the drive consolidates management, maintenance, and snow removal on one site. Unit layout: two lower and two upper units, each with a living room and dining area.

Location

State MI

County Kent

Area Area41142Grandrapids

Rooms

Basement Walk-Out Access

Interior

Heating Forced Air, Natural Gas

Cooling Central Air

Fireplace No

Laundry InUnit

Exterior

Parking Features Asphalt, Paved, SharedDriveway

Utilities Available ElectricityConnected, NaturalGasConnected

View Y/N No

Roof Type Composition

Building

Lot Description Easement

Foundation Slab

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Grand Rapids

Others

Acceptable Financing Cash, Conventional, FHA, MSHDA, VaLoan

Listing Terms Cash, Conventional, FHA, MSHDA, VaLoan

Listed by Joseph Balayti of Century 21 Affiliated (GR)

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI 48101-2036, USA

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822 NE Carrier Creek BLVD NE City Of Grand Rapids, MI 49503