MI > Grand Rapids
Grand Rapids, MI 49508,4240 Norman SE Drive
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Grand Rapids, MI 49508,4240 Norman SE Drive
Grand Rapids, MI 49508,4240 Norman SE Drive
Grand Rapids, MI 49508,4240 Norman SE Drive
Grand Rapids, MI 49508,4240 Norman SE Drive
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Kersh Ruhl

Kersh Ruhl

+1(616) 212-8418
$ 599,000
Est. payment /mo
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Active

4240 Norman SE Drive Grand Rapids, MI 49508

0.28 Acres 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 25013671

Year Built 1972

Annual Tax Amount $7,590

Tax Year 2024

Lot Size 0.275 Acres

Acres 0.28

Lot Dimensions 80x150

Property Sub-Type 2 to 4 Units

Property Description

Check out this fully renovated 4-unit property in Grand Rapids with strong cash flow. Each unit offers 2 beds, 1 bath, and approx. 774 sq ft. Updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new HVAC systems, water heaters, sliding doors, and decks. The property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. This property is fully occupied with current gross rents of $5,185/month. Owner covers lawn care, snow, gas, water/sewer, and common utilities. Seller is open to creative offers with 25% down and a 2-3 year balloon. Rent roll and T12 are available with a signed confidentiality agreement. Showings after accepted offer. Contact Brett with any interest or for more information.

Location

State MI

County Kent

Area Grand Rapids - G

Direction North on Stuart Ave SE turn right off Langley St SE

Rooms

Basement Full, Walk-Out Access

Interior

Interior Features Broadband

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Laundry Common Area

Exterior

Parking Features Asphalt, Driveway

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 8

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Aluminum Siding,Brick

New Construction No

Schools

School District Kentwood

Others

Tax ID 41-18-20-477-025

Acceptable Financing VA Loan, FHA, Cash, Conventional, Contract

Listing Terms VA Loan, FHA, Cash, Conventional, Contract

Listed by Bellabay Realty LLC
agent

Kersh Ruhl

+1(616) 212-8418

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4240 Norman SE Drive