2939 Taft Avenue SW Pending Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49519
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 65025052659
Bedrooms 4
Year Built 1975
Annual Tax Amount $7,647
Lot Size 0.370 Acres
Property Description
Owner occupied or pure investment opportunity! This well-maintained 4 unit, three 2bed/1bath apartments and one 1bec/1bath unit. Each unit offers functional layouts, bright living spaces, and great rental appeal. Separate electric meters for each tenant, with residents billed back for all other utilities. On-site coin laundry adds extra convenience & income potential. Inside the building, you'll find ample storage areas plus a 4-stall garage with updated doors and keycode access, perfect for tenants or additional rental income.Current rents for Units A&B are $1,195/month, while freshly updated, rent-ready Units C&D offer incredible upside potential. With projected total income of $5,200-$5,400/month, this property delivers solid cash flow and long-term appreciation potential. Conveniently located near shops, restaurants, parks, and major highways--an investor's dream in a strong rental market! Showings Available 10/17-18 Fri&Sat 5-8pm, Open House Sun 10/19 2-4pm. Offers reviewed 10/2at 8PM
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Interior
Heating Radiant
Cooling Window Unit(s)
Laundry 1
Exterior
Garage Spaces 4.0
Roof Type Composition
Building
Sewer Sewer (Sewer-Sanitary),Sewer at Street,Storm Drain
Water Public (Municipal)
Structure Type Brick,Block
Schools
School District Wyoming
Others
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Virtual Tour https://dl.dropboxusercontent.com/scl/fi/o6tegc1ttz6a86uux1sd7/2939-Taft-Ave-SW-Wyoming-MI-49519-ADDRESS.mp4?rlkey=85h5gspo14now4azi6edg4fv0&raw=1