REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 649,000
Est. payment /mo
Pending
1238 Northfield Avenue Grand Rapids, MI 49505-5240
4,526 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 4,526 sqft
Price per Sqft $143
Subdivision Mi
MLS Listing ID 70534507
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 1238 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. Every unit also includes its own rear carport parking space. Each units has its own furnace and water heater. 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 Aluminum, Brick
Parking Features Carport
Building
Lot Description Sidewalks
Foundation Basement
Structure Type Aluminum,Brick
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by VJ Real Estate