1248 Northfield Avenue NE Grand Rapids, MI $ 637,900
1248 Northfield Avenue NE
$ 637,900
Share Save

1248 Northfield Avenue NE

Grand Rapids, MI, 49505
$ 637,900
Baths0.0

Monthly Estimate*

$ 4,240

1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 1
1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 2
1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 3
1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 4
1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 5
1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 6
1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 7
1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 8
1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 9
1248 Northfield Avenue NE, Grand Rapids, MI 49505 - Image 10
Studio

Multi-Family Home for sale in Grand Rapids, MI

for $637,900. This home was built in 1961 on a lot size of 0.28.

**Prime Investment Opportunity for investor or owner occupant in Grand Rapids NE** Explore this exceptional 4-unit townhouse apartment building boasting a captivating mid-century modern aesthetic. Constructed with durability in mind, including solid concrete dividing walls, this property promises lasting quality. Each unit features a consistent layout comprising 2 bedrooms, 1 bath, and full basements complete with laundry hookups. The basements offer potential for expansion or additional amenities, ideal for customizing to suit tenant needs. Benefit from numerous updates throughout, ensuring low-maintenance upkeep. The property includes four convenient carport stalls, one per unit, enhancing tenant convenience and appeal. Located in close proximity to downtown Grand Rapids amidst a backdr op of exciting upcoming developments, this property presents an enticing investment opportunity. All tenants are currently on month-to-month leases with $1290/Month on each units, providing flexibility for new ownership. Viewings are limited during open houses to respect tenants' privacy, with full access granted post-accepted offer or during inspection, minimizing disruption. Whether you're an investor seeking to diversify your portfolio or an owner-occupant looking for a sound investment, this property is not to be missed. Schedule your viewing today! Photos are from similar units before tenant move in. Please do not distrub the tenants. Seller to review all offer on 5/20 at 7 pm. Seller is a Licensed real estate broker in the State Of Michigan.

See more

Multi-Family Pending

Price

$ 637,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 4,552

Style

2 to 4 Units

Lot Size

0.28

Year Built

1961

Town/City

Grand Rapids

County/Region

Kent

MLS | Web ID

24022966

Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Window Unit(s)
Utilities Phone Available Storm Sewer Available Public Water Available Public Sewer Available Natural Gas Available Electric Available Cable Available Cable Connected
Possession Close Of Escrow
Construction Materials Brick
Year Built 1961
Tenant Pays None Electric Trash Collection Gas
Township City of Grand Rapids
Property SubType 2 to 4 Units
Tax Year 2024
County Kent
New Construction N
Property Type Multi-Family
Attached Garage N
Status Pending
Directions From Leonard take Northfield N
City Grand Rapids
Buyer Agent Compensation 2.00
High School District Grand Rapids
Zoning Description RES
NumberOfUnitsTotal 4
MLS Area Grand Rapids - G
Lot Size Units Acres
Lot Size Square Feet 11979.0
Waterfront Y/N N
Listing Terms VA Loan FHA Cash Conventional
Land Lease Y/N N
Tax Annual Amount 4552.81
Lease Renewal Y/N N
MLS Area Minor Grand Rapids - G
Additional Parcels Y/N N
Rent Control Y/N N
Days on Market 12
Standard Status Pending
Occupancy Type Tenant
Tax Assessed Value 156800
Buyer Agent Compensation Type %
Legal Description LOT 18* DE VAN ADDITION
Senior Community None
See more
Interior
Basement Full
Total Fireplaces 1
Basement (Y/N) Y
Air Conditioning Y/N Y
Electric On Property Y/N N
Total Baths 0
See more
Exterior
Parking Features Asphalt Driveway Paved
Total Parking 4.0
Lot Size Area 0.28
Number of Buildings 1
Spa N
Lot Dimensions 109x110
Lot Size Acres 0.28
Road Surface Type Paved
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 1248
See more
* Excluded Features
List By
Blue Beacon Realty Llc

Broker

sbvlmang@gmail.com

Email

Affordability Calculator

$4,619
Per Month
92%
8%
0%
Monthly Principal & Interest
$4,240
Monthly Property Taxes
$379
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
250213 Elementary School
249218 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$637,900 Listed Price

Map


See all

1248 Northfield Avenue NE, Grand Rapids, MI, 49505 is a Multi-Family Home for sale at $637,900 with a lot size of 0.28. 1248 Northfield Avenue NE is a studio with 0.0 baths and was built in 1961. The property's zip code is 49505 which is in Grand Rapids, MI