Grand Rapids, MI 49508,4240 Norman SE Drive
Grand Rapids, MI 49508,4240 Norman SE Drive
Grand Rapids, MI 49508,4240 Norman SE Drive
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$599,000
Est. payment /mo
0.28 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Pending

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 25013671

Year Built 1972

Annual Tax Amount $7,590

Tax Year 2024

Lot Size 0.275 Acres

Acres 0.28

Lot Dimensions 80x150

Property Sub-Type 2 to 4 Units

Property Description

Check out this fully renovated 4-unit property in Grand Rapids with strong cash flow. Each unit offers 2 beds, 1 bath, and approx. 774 sq ft. Updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new HVAC systems, water heaters, sliding doors, and decks. The property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. This property is fully occupied with current gross rents of $5,270.00/month. Owner covers lawn care, snow, gas, water/sewer, and common utilities. Seller is open to creative offers with 25% down and a 2-3 year balloon. Rent roll and T12 are available with a signed confidentiality agreement. Showings after accepted offer. Contact Brett with any interest or for more information.

Location

State MI

County Kent

Area Grand Rapids - G

Direction North on Stuart Ave SE turn right off Langley St SE

Rooms

Basement Full, Walk-Out Access

Interior

Interior Features Broadband

Heating Forced Air

Cooling Central Air

Fireplaces Number 1

Laundry Common Area

Exterior

Parking Features Asphalt, Driveway

Utilities Available Phone Available, Natural Gas Available, Electricity Available, Cable Available, Phone Connected, Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Composition

Street Surface Paved

Total Parking Spaces 8

Building

Lot Description Sidewalk

Sewer Public Sewer

Structure Type Aluminum Siding,Brick

New Construction No

Schools

School District Kentwood

Others

Tax ID 41-18-20-477-025

Acceptable Financing VA Loan, FHA, Cash, Conventional, Contract

Listing Terms VA Loan, FHA, Cash, Conventional, Contract


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Listed by Bellabay Realty LLC

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agent

Nick Schweihofer

+1(616) 566-4619

Team Leader, Broker | License ID: 6506047709

Team Leader, Broker License ID: 6506047709

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  • Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!
    Gordon L
  • Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!
    Emily Rzeszutko
  • Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!
    Kayla Kocal
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