Grand Rapids, MI 49503,125 Eastern SE Avenue
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Grand Rapids, MI 49503,125 Eastern SE Avenue
Grand Rapids, MI 49503,125 Eastern SE Avenue
Grand Rapids, MI 49503,125 Eastern SE Avenue
Grand Rapids, MI 49503,125 Eastern SE Avenue
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$ 600,000
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Price Dropped by $24K

125 Eastern SE Avenue Grand Rapids, MI 49503

4,443 Sqft Lot


UPDATED:

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


Listed by Keller Williams GR North
agent

Leslie Baker

+1(616) 218-0650

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125 Eastern SE Avenue