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$ 999,950
Est. payment /mo
Pending
116 Coleman ST SE Grand Rapids, MI 49548
5,900 SqFt
UPDATED:
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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Listed by Dwight J Berens of RE/MAX of Grand Rapids (Stndl)
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