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$ 724,900
Est. payment /mo
Pending
100 43rd Street Grand Rapids, MI 49548-3142
4,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $161
Subdivision Mi
MLS Listing ID 70517348
Year Built 1969
Annual Tax Amount $8,285
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 85X135
Property Sub-Type Multi-Family
Property Description
Turnkey 4-unit investment opportunity with strong in-place income and upside potential. Three units are occupied by long-term, reliable tenants, while the fourth has been fully renovated and is ready for a new tenant, or ideal for owner-occupancy to maximize mortgage and tax advantages. Each unit offers an identical 3-bedroom, 1.5-bath layout with in-unit laundry, making it highly desirable for tenants. Projected gross monthly rents of $7,300 based on current market rates. Live in one unit and let the other three help pay your mortgage while you build equity! Conveniently located within walking distance to bus stops, grocery stores, and everyday amenities. Major capital improvements include a new roof (2023), new composite rear deck (2024), and fresh exterior paint (2025). A rare blend of stability, cash flow, and long-term appreciation potential. Showings begin 3/6 Fri&Sat 4-7pm, Sun 2-4pm.All offers due 3/9/26 12pm
Location
State MI
County Kent
Area Wyoming (41041)
Zoning Residential
Interior
Heating Hot Water
Exterior
Exterior Feature Aluminum, Brick
Building
Lot Description Sidewalks
Foundation Slab
Structure Type Aluminum,Brick
Schools
School District Kelloggsville Public Schools
Others
Energy Description Natural Gas
Financing Cash,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams GR East