125 Eastern Avenue SE Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49503
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65024059658
Bedrooms 4
Year Built 1878
Annual Tax Amount $7,399
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 54 x 82
Source Greater Regional Alliance of REALTORS®
Property Description
This fully rented 4-unit property in a prime location offers great cash flow and numerous upgrades! Recent improvements include refreshed common areas with new carpet runners, vinyl plank flooring, and fresh paint; new double-pane vinyl windows with aluminum wrap; plumbing overhaul with PEX; and four dedicated water heaters (one per unit). Units #1 and #2 feature in-unit laundry, while Units #3 and #4 have shared laundry in the basement. Other updates include new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, and newly installed gutters and downspouts. Well-maintained and ready for tenants!
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction Hop on I-196 E and in just 2 minute s(1.6 miles), take exit 78 for Collage Ave NE. Use the right 2 lanes to turn right onto College Ave NE and cruise for 3 minutes (0.6 miles). Then, follow the scenic route via Lake Dr SE straight to Eastern Ave SE. Quick, easy, and you're there!
Interior
Interior Features Laundry Facility,Cable Available
Heating Baseboard,Forced Air
Fireplace no
Heat Source Electric,Natural Gas
Laundry 1
Exterior
Roof Type Composition
Road Frontage Pub. Sidewalk
Garage no
Private Pool No
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water Public (Municipal)
Structure Type Vinyl
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411430433014
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional