944 33rd Street SE Unit 950, Grand Rapids, MI 49508

$475,000
List Price
$475,000
Days on Market
11
MLS#
23134213
Status
ACTIVE
Type
Multifamily

Property Description

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.

Additional Information

Owner Pays
Gas
Taxes
$7,900
Acres
0.28
Basement
Partial
Heating
Baseboard, Electric
School District
Grand Rapids
Sewer
Public Sewer
Total Parking Spaces
8
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Jeff Kermath (jkermath@comcast.net) from Listing Office: Kermath Realty LLC.

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