$380,000
$390,000
2.6%For more information regarding the value of a property, please contact us for a free consultation.
0.5 Acres Lot
SOLD DATE : 02/12/2021
Key Details
Sold Price $380,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Kentwood
MLS Listing ID 20044206
Sold Date 02/12/21
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1973
Annual Tax Amount $4,287
Tax Year 2020
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 145x150
Property Description
Very desirable location with this built-as all-brick - 4 unit apartment building with identical 2 bedroom units and front and rear access. Located right by the M6/ Kalamazoo corridor (along with all the conveniences- Meijer, etc.), this property has the capability of generating optimal rents. Each unit has a private deck or patio and offers carport parking to keep the tenants' vehicles out of the weather. Bonus- one garage stall. On-site laundry (coin-operated for more owner-revenue). Long term (several-year) tenants all month-to-month. Loaded with the potential of generating much more revenue (rents are very low). Contact agent for simple ideas to make this property even more profitable. Certificate of Compliance through September 2022. Note: Can be bought as a package with 1251 60th.
Location
State MI
County Kent
Area Grand Rapids - G
Direction Kalamazoo just west on 60th, north side.
Rooms
Basement Walk Out, Full
Interior
Heating Hot Water, Natural Gas
Fireplaces Number 1
Exterior
Garage Paved
Utilities Available Broadband Available, Natural Gas Connected, Electric Connected, Cable Connected
Waterfront No
View Y/N No
Street Surface Paved
Parking Type Paved
Total Parking Spaces 8
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Kentwood
Others
Tax ID 411832454033
Acceptable Financing FHA, Cash, Conventional
Listing Terms FHA, Cash, Conventional
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