125 Eastern Avenue SE, Grand Rapids, MI
Just Listed
Seller is offering 3% in seller concessions. Incredible income property in a prime location! This 4-unit gem, fully rented, offers outstanding cash flow and boasts a range of impressive upgrades that enhance its value and appeal. Recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, and fresh paint; new double-pane vinyl windows with aluminum wrap; and a total plumbing overhaul with PEX. The original single water heater has been replaced by four dedicated units, one for each apartment. In-unit laundry has been added to Units #1 and #2, while Units #3 and #4 enjoy shared laundry in the basement. Other updates include new landscaping timbers, glass block windows with dryer vents in the basement, re-poured concrete steps, and newly installed gutte Seller is offering 3% in seller concessions. Incredible income property in a prime location! This 4-unit gem, fully rented, offers outstanding cash flow and boasts a range of impressive upgrades that enhance its value and appeal. Recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, and fresh paint; new double-pane vinyl windows with aluminum wrap; and a total plumbing overhaul with PEX. The original single water heater has been replaced by four dedicated units, one for each apartment. In-unit laundry has been added to Units #1 and #2, while Units #3 and #4 enjoy shared laundry in the basement. Other updates include new landscaping timbers, glass block windows with dryer vents in the basement, re-poured concrete steps, and newly installed gutters and downspouts on the north and south sides of the home. This property is not only well-maintained but also thoughtfully upgraded to attract and retain tenants. Don’t miss this fantastic investment opportunity! All offers due by 11/25 at 4pm.