Grand Rapids, MI 49508-8939,4240 Norman Drive
Grand Rapids, MI 49508-8939,4240 Norman Drive
Grand Rapids, MI 49508-8939,4240 Norman Drive
28
$575,000
$599,000
4.0%
Est.Price: ?

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3,438 SqFt

4240 Norman Drive Grand Rapids, MI 49508-8939

Est. payment /mo
SOLD DATE : 06/13/2025

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Key Details

Sold Price $575,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,438 sqft

Price per Sqft $167

Subdivision Mi

MLS Listing ID 70460329

Sold Date 06/13/25

Year Built 1972

Annual Tax Amount $7,590

Tax Year 2024

Lot Size 0.280 Acres

Acres 0.28

Lot Dimensions 80x150

Property Sub-Type Multi-Family

Property Description

Check out this fully renovated 4-unit property in Grand Rapids with strong cash flow. Each unit offers 2 beds, 1 bath, and approx. 774 sq ft. Updates in 2022 include new kitchens, baths, appliances, flooring, paint, lighting, 3 new HVAC systems, water heaters, sliding doors, and decks. The property also features shared digital laundry by wash.com, 8 parking spaces, and a storage shed. This property is fully occupied with current gross rents of $5,270.00/month. Owner covers lawn care, snow, gas, water/sewer, and common utilities. Seller is open to creative offers with 25% down and a 2-3 year balloon. Rent roll and T12 are available with a signed confidentiality agreement. Showings after accepted offer. Contact Brett with any interest or for more information.

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Multi-Family

Interior

Heating Forced Air

Exterior

Exterior Feature Aluminum, Brick

Amenities Available Laundry Facility

Building

Lot Description Sidewalks

Structure Type Aluminum,Brick

Schools

School District Kentwood Public Schools

Others

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional,FHA,Land Contract,VA

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MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Bellabay Realty LLC
Bought with Five Star Real Estate (Grandv)

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agent

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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