4240 Norman Drive SE, Grand Rapids, MI 49508
$575,000 - Sold
- MLS#: 25013671
- Number of Units: 4
- Type: 2 to 4 Units
- School District: Kentwood
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1972
- Basement: No
- Air: Central Air
- Lot Size: 80x150
- Square Footage: 3,438
- Exterior: Aluminum Siding, Brick
- Water: Public Water4
- Acreage: .28
- Heat: Forced Air/Natural Gas
- PPN: 41-18-20-477-025
- Sewer: Public Sewer5
- Water Body: None
- Water Features: None
- Utilities Attached: Cable Connected,Electricity Connected,Natural Gas Connected,Phone Connected
- Utilities Available at Street: Broadband,Cable Available,Electricity Available,Natural Gas Available,Phone Available,Public Sewer,Public Water
- Extras: Laundry Facility,Sep Electric Meter
- Lot Description: Sidewalk
- Frontage/Type: 80 / Street, 0 / Water
- Terms: Cash, Conventional, FHA, Land Contract, VA Loan
- Original Price: $599,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: North on Stuart Ave SE turn right off Langley St SE
- Property Description: Check out this fully renovated 4-unit property in Grand Rapids with strong cash flow. Each unit offers 2 beds, 1 bath, and approx. 774 sq ft. Updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new HVAC systems, water heaters, sliding doors, and decks. The property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. This property is fully occupied with current gross rents of $5,270.00/month. Owner covers lawn care, snow, gas, water/sewer, and common utilities. Seller is open to creative offers with 25% down and a 2-3 year balloon. Rent roll and T12 are available with a signed confidentiality agreement. Showings after accepted offer. Contact Brett with any interest or for more information.
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