Exceptional investment opportunity at 1239 Northfield NE in the heart of Grand Rapids. This solid brick 4-unit Townhouse can be fully rented for strong cash flow or owner-occupied while generating rental income from the remaining units. Seller is offering five separate 4-unit buildings , a total of 20 units (1258, 1336, 1238 , 1239, 1226 Northfield NE) available individually or as a package portfolio purchase. Conveniently located near Medical Mile and all the exciting new downtown Grand Rapids developments, this property offers both stability and long-term growth potential. Each units has its own furnace and water heater and also includes its own rear carport parking space. A rare opportunity to own a well-built multifamily property in a rapidly growing area. Each units condition may varies. Exterior has been freshly painted , enhancing curb appeal.Seller is a licensed real estate broker in the State of Michigan.
0.28 Private Acres Lot Size
investment
$696 Monthly Tax
Built in 1960
MLS/Listing ID 65026024819
4 Units
Construction - Brick
Cooling - Window Units
Heating - Natural Gas
Heating - Forced Air
In Basement
Parking - Asphalt
Parking - Carport
Parking - Paved
TOTAL MONTHLY COST
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