**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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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
3
/10
Kent Hills School
1445 Emerald Ave NE
Distance between this listing and this school0.25 miles
Public District Grades KG-5
Middle School
4
/10
Riverside Middle School
265 Eleanor St NE
Distance between this listing and this school1.56 miles
Public District Grades 6-8
High School
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school0.75 miles
Public Magnet Grades 7-12
6
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school2.44 miles
Public Magnet Grades 6-12
Assigned Schools
3
/10
Kent Hills School
1445 Emerald Ave NE
Distance between this listing and this school0.25 miles
Public District Grades KG-5
Nearby Schools
2
/10
East Leonard School
410 Barnett St NE
Distance between this listing and this school0.57 miles
Public District Grades KG-5
6
/10
Palmer School
309 Palmer St NE
Distance between this listing and this school0.91 miles
Public District Grades PK-5
Assigned Schools
4
/10
Riverside Middle School
265 Eleanor St NE
Distance between this listing and this school1.56 miles
Public District Grades 6-8
Nearby Schools
3
/10
Aberdeen Elementary School
928 Aberdeen St NE
Distance between this listing and this school1.37 miles
Public Magnet Grades KG-8
8
/10
Center For Economicology
2420 Coit Ave NE
Distance between this listing and this school1.64 miles
Public Magnet Grades 6-6
Assigned Schools
9
/10
City Middle/High School
1720 Plainfield Ave NE
Distance between this listing and this school0.75 miles
Public Magnet Grades 7-12
6
/10
Grand Rapids University Preparatory Academy
512 Division Ave S
Distance between this listing and this school2.44 miles
Public Magnet Grades 6-12
Nearby Schools
6
/10
Wellspring Preparatory High School
1031 Page St NE
Distance between this listing and this school0.27 miles
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.
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.