736 Coit Avenue NE, Grand Rapids, MI 49503

$392,000

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Sold Price
$392,000
List Price
$370,000
Closing Date
Apr 15, 2024
Days on Market
6
MLS#
24011517
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Investment Opportunity in Belknap Lookout! This triplex boasts an ideal location with easy access to the Medical Mile, GVSU, public transportation, and the expressway. The rental certification is valid through August 2025. Highlights of this property include a roof installed in 2014, recently updated furnaces, and separate utilities for each unit. Additional amenities include a coin-operated washer and dryer, a garage, and a prime location directly across from Coit Park. Unit A, currently owner-occupied, offers an excellent opportunity for potential buyers seeking a home with income potential. Unit B is leased at $900 per month until February 2025, and Unit C has a lease for $950 per month that extends through May 2024. Agent to withhold any offers until March 15th at 4:00 PM.

Additional Information

Owner Pays
Water
Taxes
$3,220
Acres
0.22
Basement
Michigan Basement, Walk-Out Access
Heating
Forced Air
Roofing
Other
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Trash Collection
Total Parking Spaces
3
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Darryl A Matthews Jr from Listing Office: Keller Williams GR East.

Selling Agent: Selling Office: .

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