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$ 529,999
Est. payment | /mo
3,920 Sqft Lot
$ 529,999
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 24050353
Year Built 1910
Annual Tax Amount $2,766
Tax Year 2023
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 45 X 82
Property Sub-Type Multi-Family
Property Description
Rare opportunity to own a 4-unit apartment building in Cherry Hill historic district! Location can't be beaten, you're within walking distance to shops, restaurants and directly behind the newly renovated Cherry Park. There is coin-operated laundry (Property owned) in the basement. Value add opportunity to implement a utility bill back/RUBS program to recapture some of the utility expense and raise rents to market rate.. This property has tons of updates and capital improvements. Featuring a newer roof, windows, on demand boiler and hot water heater. Don't miss this opportunity to own in the Cherry Hill district.
Location
State MI
County Kent
Area Grand Rapids (41032)
Interior
Heating Hot Water
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by MOXIE Real Estate + Development
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