10 days on rocket

1248 Northfield Ave NE, Grand Rapids, MI, 49505

$637,900

Home List Price

$7,575*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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1248 Northfield Ave NE, Grand Rapids$637,900

Buyer Closing Credits

$7,575*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAsphalt, Driveway, Paved
Year Built1961
HeatingForced Air, Natural Gas
CoolingWindow Unit(s)
BasementYes
MLS #24022966
Lot Size0.28 Acres
StatusActive

About 1248 Northfield Ave NE

**Prime Investment Opportunity for investor or owner occupant in Grand Rapids NE** Explore this exceptional 4-unit townhouse apartment building boasting a captivating mid-century modern aesthetic. Constructed with durability in mind, including solid concrete dividing walls, this property promises lasting quality. Each unit features a consistent layout comprising 2 bedrooms, 1 bath, and full basements complete with laundry hookups. The basements offer potential for expansion or additional amenities, ideal for customizing to suit tenant needs. Benefit from numerous updates throughout, ensuring low-maintenance upkeep. The property includes four convenient carport stalls, one per unit, enhancing tenant convenience and appeal. Located in close proximity to downtown Grand Rapids amidst a backdr op of exciting upcoming developments, this property presents an enticing investment opportunity. All tenants are currently on month-to-month leases with $1290/Month on each units, providing flexibility for new ownership. Viewings are limited during open houses to respect tenants' privacy, with full access granted post-accepted offer or during inspection, minimizing disruption. Whether you're an investor seeking to diversify your portfolio or an owner-occupant looking for a sound investment, this property is not to be missed. Schedule your viewing today! Photos are from similar units before tenant move in. Please do not distrub the tenants. Seller to review all offer on 5/20 at 7 pm. Seller is a Licensed real estate broker in the State Of Michigan.

Property Details

Property Features

Property Information:

  • Year Built: 1961

Listing Office:

  • Office Name: Blue Beacon Realty LLC
  • Office Phone: (616) 295-3632
  • Listing Agent: Vung L Mang

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt, Driveway, Paved

Lot Features

Lot Information:

  • Lot Size: 0.28 Acres

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • City Middle/High School, Public Magnet Grades 7-12
  • Grand Rapids University Preparatory Academy, Public Magnet Grades 6-12
  • Riverside Middle School, Public District Grades 6-8
  • Kent Hills School, Public District Grades KG-5

Other

Directions Information:

  • Directions: From Leonard take Northfield N

Price Information

Listing Price Info

Price Summary:

  • List Price: $637,900

Tax Information:

  • Annual Amount: $4,165
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Grand Rapids, MI.

Med. Sold Price

$300K

Med. Price/SqFt

$229

Avg. Days On Market

16

# of Sold Homes

278

1248 Northfield Ave NE vs Grand Rapids

10 DAYS ON ROCKET

-6 Days

$637,900

+$337.9K More

KEY TAKEAWAY

This property is $337.9K more than the Median Sold Price in Grand Rapids, MI.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Michigan Regional Information Center (MichRIC)
  • MLS Number: #24022966

Listing Office:

  • Office Name: Blue Beacon Realty LLC
  • Office Phone: (616) 295-3632
  • Listing Agent: Vung L Mang

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2024 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/20/2024, 5:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 28, 1998Home Sold
$158,500

Tax History

YEARPROP. TAXASSESSMENT
2021$4,165$126,700
2020$4,164$126,700
2019$3,938$100,600
2018$3,958$95,300
2017$3,771$91,600

History based on county public records data.

Payment Calculator

$3,251

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,979

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4387548
3
/10
  • Kent Hills School

  • 1445 Emerald Ave NE

  • 0.25 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4387549
4
/10
  • Riverside Middle School

  • 265 Eleanor St NE

  • 1.56 miles

  • Public District Grades 6-8

High School

school-card-donut-4387550
9
/10
  • City Middle/High School

  • 1720 Plainfield Ave NE

  • 0.75 miles

  • Public Magnet Grades 7-12

school-card-donut-4387551
6
/10
  • Grand Rapids University Preparatory Academy

  • 512 Division Ave S

  • 2.44 miles

  • Public Magnet Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,307. The most common annual income of people living in Grand Rapids, MI is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesMichiganKent CountyGrand Rapids495051248 Northfield Ave NE

This home is located at 1248 Northfield Ave NE in Grand Rapids, MI and zip code 49505 in the Creston neighborhood. This home, which was built in 1961, sits on a 0.28 acre lot. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $637,900.

In April 2024, from all listings sold in Grand Rapids, MI there were more than 173 sold above asking price, over 60 sold below and more than 45 were sold right at the asked price. The number of listings in Grand Rapids, MI increased by 17.4% between March 2024 and April 2024. Listings spent 16 days on the market in April 2024, and had a median list price of $300,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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