Exceptional investment opportunity at 1239 Northfield NE in the heart of Grand Rapids. This solid brick 4-unit Townhouse can be fully rented for strong cash flow or owner-occupied while generating rental income from the remaining units. Seller is offering five separate 4-unit buildings , a total of 20 units (1258, 1336, 1238 , 1239, 1226 Northfield NE) available individually or as a package portfolio purchase. Conveniently located near Medical Mile and all the exciting new downtown Grand Rapids developments, this property offers both stability and long-term growth potential. Each units has its own furnace and water heater and also includes its own rear carport parking space. A rare opportunity to own a well-built multifamily property in a rapidly growing area. Each units condition may varies. Exterior has been freshly painted , enhancing curb appeal. Seller is a licensed real estate broker in the State of Michigan.
51 days
|
975
|
78
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Zillow last checked:
Listing updated:
Listed by:
Vung L Mang616-485-8138,
VJ Real Estate616-485-8138
Source: MichRIC,MLS#: 26024819
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Heating
Forced Air
Cooling
Window Unit(s)
Appliances
Laundry: In Basement
Features
Basement: Full
Interior area
Total interior livable area: 3,100 sqft
Property
Parking
Total spaces: 4
Parking features: Asphalt, Driveway, Paved
Lot
Size: 0.28 Acres
Dimensions: 109 x 110
Details
Parcel number: 411417351017
Zoning description: Res
Construction
Type & style
Home type: MultiFamily
Property subtype: 2 to 4 Units
Materials
Brick
Condition
New construction: No
Year built: 1960
Utilities & green energy
Sewer: Public Sewer
Utilities for property: Phone Available, Natural Gas Available, Electricity Available, Cable Available, Cable Connected
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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