407 11th Street NW 409 new

Grand Rapids,MI 49504

$ 470000

4 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025023277

Bedrooms 4

Year Built 1900

Annual Tax Amount $4,583

Lot Size 3,484 Sqft

Acres 0.08

Lot Dimensions 45x74

Source Greater Regional Alliance of REALTORS®

Property Description

4-unit investment property with day one cash flow! Current rents of $5,170 total a month. Each unit offers 2 beds and 1 bath, with updates throughout in recent years. All four furnaces were replaced in 2019, and new water heaters installed in 2024. Fresh exterior paint, deck repairs, and new roof fascia enhance curb appeal and long-term value. Strong rental history with modernized interiors. Don't miss out on this great opportunity for passive income!

Location

State MI

County Kent

Area Grand Rapids

Zoning Residential

Direction S Of Leonard Between Turner And Broadway.

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Roof Type Composition

Road Frontage Paved

Garage no

Building

Foundation Michigan Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Vinyl

Schools

School District Grand Rapids

Others

Pets Allowed Yes

Tax ID 411324130059

Ownership Private Owned

Acceptable Financing Cash,Conventional,Other

Listing Terms Cash,Conventional,Other

Financing Cash,Conventional,Other

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