407 11th Street Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49504
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70469939
Year Built 1900
Annual Tax Amount $4,583
Tax Year 2024
Lot Size 3,484 Sqft
Acres 0.08
Lot Dimensions 45x74
Property Sub-Type Multi-Family
Property Description
4-unit investment property with day one cash flow! Current rents of $5,170 total a month. Each unit offers 2 beds and 1 bath, with updates throughout in recent years. All four furnaces were replaced in 2019, and new water heaters installed in 2024. Fresh exterior paint, deck repairs, and new roof fascia enhance curb appeal and long-term value. Strong rental history with modernized interiors. Don't miss out on this great opportunity for passive income!
Location
State MI
County Kent
Area Grand Rapids (41032)
Rooms
Basement MI Basement
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Basement
Structure Type Vinyl Siding
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA