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84 S 1st Street Cedar Springs, MI 49319-8946
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Key Details
Sold Price $331,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,848 sqft
Price per Sqft $116
Subdivision Mi
MLS Listing ID 70290363
Sold Date 12/22/22
Year Built 1973
Annual Tax Amount $4,395
Tax Year 2022
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66x132
Property Description
Turn-key 4 unit 7 bedroom investment property in a thriving area, just off the main drag in downtown Cedar Springs. Built in the 1970s as a quadplex, this property has well-planned layouts, low maintenance exterior and modern infrastructure. Collect $3520/mo in monthly rents. Two long-term tenants on month-to-month leases, one annual lease, 4th tenant to be placed after LVT flooring is installed, replacing brown carpet (pictured). Whole-house boiler is 3 years old, Roof is 4 years old. 6-8 parking spaces, on-site laundry room, large back yard for recreation. Just a street off of main, tenants can easily walk to businesses, the Brewery, Morley Park and the Elementary School. View this great property today! Update: Owner has asked for highest & best offers submitted by noon Monday.
Location
State MI
County Kent
Area Cedar Springs (41028)
Zoning Residential
Interior
Interior Features Cable/Internet Avail.
Heating Radiant
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
Building
Foundation Crawl
Water Public Water
Structure Type Brick
Schools
School District Cedar Springs Public Schools
Others
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional,FHA,VA,Rural Development
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Bought with Grand River Realty