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$ 649,000
Est. payment /mo
Pending
1258 Northfield Avenue Grand Rapids, MI 49505-5240
0.28 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70534408
Year Built 1961
Annual Tax Amount $8,347
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 109x111
Property Sub-Type Multi-Family
Property Description
Exceptional investment opportunity at 1258 Northfield NE in the heart of Grand Rapids. This solid brick 4-unit Townhouse can be fully rented for strong cash flow or owner-occupied while generating rental income from the remaining units. Seller is offering five separate 4-unit buildings , a total of 20 units (1258, 1336, 1238 , 1239, 1226 Northfield NE) available individually or as a package portfolio purchase. Conveniently located near Medical Mile and all the exciting new downtown Grand Rapids developments, this property offers both stability and long-term growth potential. Each units has its own furnace and water heater and also includes its own rear carport parking space. A rare opportunity to own a well-built multifamily property in a rapidly growing area. Each units condition may varies. Exterior has been freshly painted , enhancing curb appeal.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Brick
Parking Features Carport
Building
Foundation Basement
Structure Type Brick
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
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Listed by VJ Real Estate