407 11th Street NW Unit 409, Grand Rapids, MI 49504

$450,000

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Sold Price
$450,000
List Price
$470,000
Closing Date
Aug 07, 2025
Days on Market
49
MLS#
25023277
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

4-unit investment property with day one cash flow! Current rents of $5,170 total a month. Each unit offers 2 beds and 1 bath, with updates throughout in recent years. All four furnaces were replaced in 2019, and new water heaters installed in 2024. Fresh exterior paint, deck repairs, and new roof fascia enhance curb appeal and long-term value. Strong rental history with modernized interiors. Don't miss out on this great opportunity for passive income!

Additional Information

Owner Pays
Sewer, Trash Collection, Water
Taxes
$4,583
Acres
0.08
Basement
Michigan Basement
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity, Gas
Utilities
Natural Gas Connected, Cable Available, Electricity Available, Natural Gas Available
Water
Public

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Connor Anderson from Listing Office: MOXIE Real Estate + Development.

Selling Agent: Selling Office: .

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