High-quality fourplex for sale in Grand Rapids. This building includes over $90,000 of recent CapEx updates, including 3 new kitchens, new roof in 2023, all new plumbing, new electrical panels, and all updated windows. At the most recent city cert inspection in 2022, the city inspector gave the building a 6-year certificate due to the excellent condition. Heat is electric baseboard, which is low maintenance and paid by tenants. Owner pays for snow removal, lawn, trash, water, and gas. Our long-term average for these utilities totals about $400/month. Carport for 4 cars behind the building. Coin laundry machines are included and generate approximately $100/month in additional revenue.
Listing courtesy of Listing Agent: Jeff Kermath (jkermath@comcast.net) from Listing Office: Kermath Realty LLC.
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