407 11th NW Street #409 new Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49504
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 25023277
Year Built 1900
Annual Tax Amount $4,583
Tax Year 2025
Lot Size 3,311 Sqft
Acres 0.08
Lot Dimensions 45x74
Property Sub-Type 2 to 4 Units
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!
Location
State MI
County Kent
Area Grand Rapids - G
Direction S Of Leonard Between Turner And Broadway.
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Cooling None
Fireplaces Number 1
Laundry None
Exterior
Parking Features Unpaved
Utilities Available Natural Gas Available,Electricity Available,Cable Available,Natural Gas Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Building
Structure Type Vinyl Siding
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-13-24-130-059
Acceptable Financing VA Loan,MSHDA,FHA,Cash,Conventional
Listing Terms VA Loan,MSHDA,FHA,Cash,Conventional