125 Eastern SE Avenue Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49503
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 24059658
Year Built 1878
Annual Tax Amount $7,399
Tax Year 2024
Lot Size 4,443 Sqft
Acres 0.1
Lot Dimensions 54 x 82
Property Sub-Type 2 to 4 Units
Property Description
This fully rented 4-unit property in a prime location offers great cash flow and numerous upgrades! Recent improvements include refreshed common areas with new carpet runners, vinyl plank flooring, and fresh paint; new double-pane vinyl windows with aluminum wrap; plumbing overhaul with PEX; and four dedicated water heaters (one per unit). Units #1 and #2 feature in-unit laundry, while Units #3 and #4 have shared laundry in the basement. Other updates include new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, and newly installed gutters and downspouts. Well-maintained and ready for tenants!
Location
State MI
County Kent
Area Grand Rapids - G
Direction Hop on I-196 E and in just 2 minute s(1.6 miles), take exit 78 for Collage Ave NE. Use the right 2 lanes to turn right onto College Ave NE and cruise for 3 minutes (0.6 miles). Then, follow the scenic route via Lake Dr SE straight to Eastern Ave SE. Quick, easy, and you're there!
Rooms
Basement Michigan Basement
Interior
Interior Features Broadband
Heating Baseboard,Forced Air
Cooling None
Fireplaces Number 1
Laundry Common Area,In Basement,In Unit
Exterior
Utilities Available Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected,Electricity Connected,Cable Connected,Storm Sewer
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk,Corner Lot
Sewer Public Sewer
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-30-433-014
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional