4240 Norman Drive SE Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49508
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025013671
Bedrooms 4
Year Built 1972
Annual Tax Amount $7,590
Lot Size 0.280 Acres
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.
Location
State MI
County Kent
Area Grand Rapids
Zoning Other
Interior
Heating Forced Air
Cooling Central Air
Laundry 1
Exterior
Garage Spaces 8.0
Roof Type Composition
Building
Sewer Public Sewer (Sewer-Sanitary),Sewer at Street
Water Public (Municipal)
Structure Type Aluminum,Brick
Schools
School District Kentwood
Others
Acceptable Financing Cash,Contract,Conventional,FHA,VA
Listing Terms Cash,Contract,Conventional,FHA,VA