15
See all 15 photos
$350,000
Est. payment /mo
6,534 Sqft Lot
New
1012 Prospect Avenue Grand Rapids, MI 49507-1111
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70508046
Year Built 1900
Annual Tax Amount $4,024
Tax Year 2025
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 46 X 140
Property Sub-Type Multi-Family
Property Description
Investment Opportunity in Grand Rapids!Welcome to 1012 Prospect Avenue SE, a large and 4-plex located in the Baxter/SE Grand Rapids area. Each unit offers three bedrooms and one full bathroom. Current rents include Unit 1 at $1,400, Unit 2 at $1,300, Unit 3 with previous rent at $1,400 (vacant), and Unit 4 at $1,300. The property features separate utilities and convenient off-street parking. Three of the four units are presently occupied with month-to-month tenants, offering immediate income and flexibility for future improvements or rent adjustments. Situated close to schools, parks, shopping, and public transit, this property delivers steady cash flow with significant potential for value growth. Property sold as is. Showing all 4 units Saturday 20th only. Offers received, offer deadline 6pm Sat 20th.
Location
State MI
County Kent
Area Grand Rapids (41032)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Forced Air
Cooling None
Exterior
Exterior Feature Other
Building
Foundation Basement
Structure Type Other
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Grand River Realty
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