1239 Northfield Avenue NE, Grand Rapids, MI 49505

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List Price
$649,000
Days on Market
45
MLS#
26024819
Status
PENDING
Type
Multifamily

Property Description

Exceptional investment opportunity at 1239 Northfield NE in the heart of Grand Rapids. This solid brick 4-unit Townhouse can be fully rented for strong cash flow or owner-occupied while generating rental income from the remaining units. Seller is offering five separate 4-unit buildings , a total of 20 units (1258, 1336, 1238 , 1239, 1226 Northfield NE) available individually or as a package portfolio purchase. Conveniently located near Medical Mile and all the exciting new downtown Grand Rapids developments, this property offers both stability and long-term growth potential. Each units has its own furnace and water heater and also includes its own rear carport parking space. A rare opportunity to own a well-built multifamily property in a rapidly growing area. Each units condition may varies. Exterior has been freshly painted , enhancing curb appeal. Seller is a licensed real estate broker in the State of Michigan.

Additional Information

Owner Pays
Sewer, Water
Taxes
$8,347
Acres
0.28
Basement
Full
Heating
Forced Air
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Total Parking Spaces
4
Utilities
Cable Connected, Cable Available, Electricity Available, Natural Gas Available, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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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: Vung L Mang from Listing Office: VJ Real Estate.

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