1012 Prospect Avenue SE, Grand Rapids, MI 49507
$351,000 - Sold
- MLS#: 25061399
- Number of Units: 4
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1900
- Basement: Yes
- Air: None11
- Lot Size: 46 X 140
- Square Footage: 0
- Exterior: Shingle Siding, Other22
- Water: Public Water4
- Acreage: .15
- Heat: Forced Air/Natural Gas
- PPN: 41-14-31-379-004
- Sewer: Public Sewer5
- Water Body: None
- Water Features: None
- Utilities Attached: Electricity Connected,Natural Gas Connected
- Utilities Available at Street: Electricity Available,Natural Gas Available,Public Sewer,Public Water
- Extras: Sep Electric Meter,Sep Gas Meter
- Lot Description:
- Frontage/Type: 46 / Street, 0 / Water
- Terms: Cash, Conventional
- Original Price: $350,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions:
- Property Description: Investment Opportunity in Grand Rapids!Welcome to 1012 Prospect Avenue SE, a large and 4-plex located in the Baxter/SE Grand Rapids area. Each unit offers three bedrooms and one full bathroom. Current rents include Unit 1 at $1,400, Unit 2 at $1,300, Unit 3 with previous rent at $1,400 (vacant), and Unit 4 at $1,300. The property features separate utilities and convenient off-street parking. Three of the four units are presently occupied with month-to-month tenants, offering immediate income and flexibility for future improvements or rent adjustments. Situated close to schools, parks, shopping, and public transit, this property delivers steady cash flow with significant potential for value growth. Property sold as is. Showing all 4 units Saturday 20th only. Offers received, offer deadline 6pm
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