116 Coleman ST SE Pending

Grand Rapids,MI 49548

$ 999950

- Bed

- Bath

5900 SqFt


Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Pending

Purchase Type For Sale

Square Footage 5,900 sqft

Price per Sqft $169

MLS Listing ID 65025051710

Year Built 1984

Property Sub-Type MultiFamily

Property Description

Great opportunity for medium size investor or investment group, this solid brick building includes seven 2-bedroom units and one 1-bedroom unit, coin operated laundry, and two furnace rooms. Tenant pays their own heating/cooling and electrical; landlord pays for gas/electric in the common areas. There is an 8-car carport plus open air parking for 8 more vehicles. We also have listed an 8-unit building to the east (146 Coleman), which is also available for $999,950. This is a one owner building purchased 40 years ago and has been a great investment. Low taxes, low regulation Gaines Township is also a bonus. Call L.S. Dwight Berens only for more information. All offers due Fri 10/17 5:00 pm

Location

State MI

County Kent

Area Area41221Gainestwp

Interior

Heating ForcedAir, NaturalGas

Cooling WallUnits

Laundry CommonArea, LaundryRoom

Exterior

Parking Features Asphalt,Carport

Utilities Available CableConnected, ElectricityConnected, NaturalGasConnected, PhoneConnected

View Y/N No

Roof Type Composition

Building

Lot Description Level

Foundation Slab

Sewer PublicSewer

Water Public

Schools

School District Kentwood

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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