125 Eastern Avenue SE

Grand Rapids, MI 49503

Seller offering 3% in concessions. Incredible income property in a prime location! This 4-unit gem, fully rented, offers outstanding cash flow and a range of impressive upgrades that enhance value and appeal. Recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, fresh paint; new double-pane vinyl windows with aluminum wrap; total plumbing overhaul with PEX. Original water heater has been replaced by 4 dedicated units, 1 per apartment. In-unit laundry added to Units #1 & #2; Units #3 & #4 enjoy shared laundry in basement. Other updates include: new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, newly installed gutters and downspouts on north and south sides. Property is well-maintained and thoughtfully upgra Seller offering 3% in concessions. Incredible income property in a prime location! This 4-unit gem, fully rented, offers outstanding cash flow and a range of impressive upgrades that enhance value and appeal. Recent improvements include: refreshed common areas with new carpet runners, vinyl plank flooring, fresh paint; new double-pane vinyl windows with aluminum wrap; total plumbing overhaul with PEX. Original water heater has been replaced by 4 dedicated units, 1 per apartment. In-unit laundry added to Units #1 & #2; Units #3 & #4 enjoy shared laundry in basement. Other updates include: new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, newly installed gutters and downspouts on north and south sides. Property is well-maintained and thoughtfully upgraded to attract and retain tenants. Don't miss this fantastic investment opportunity! All offers due by 11/25 at 4pm.

Listing courtesy of Michael Smallegan of Keller Williams GR North



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Last checked: 2025-03-17 12:44 PM UTC