Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
Grand Rapids, MI 49507-1111,1012 Prospect Avenue
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$ 350,000
Est. payment | /mo

6,534 Sqft Lot


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$ 350,000
Est. payment | /mo
Save

6,534 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 70508046

Year Built 1900

Annual Tax Amount $4,024

Tax Year 2025

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 46 X 140

Property Sub-Type Multi-Family

Property Description

Investment Opportunity in Grand Rapids!Welcome to 1012 Prospect Avenue SE, a large and 4-plex located in the Baxter/SE Grand Rapids area. Each unit offers three bedrooms and one full bathroom. Current rents include Unit 1 at $1,400, Unit 2 at $1,300, Unit 3 with previous rent at $1,400 (vacant), and Unit 4 at $1,300. The property features separate utilities and convenient off-street parking. Three of the four units are presently occupied with month-to-month tenants, offering immediate income and flexibility for future improvements or rent adjustments. Situated close to schools, parks, shopping, and public transit, this property delivers steady cash flow with significant potential for value growth. Property sold as is. Showing all 4 units Saturday 20th only. Offers received, offer deadline 6pm Sat 20th.

Location

State MI

County Kent

Area Grand Rapids (41032)

Zoning Residential

Rooms

Basement MI Basement

Interior

Heating Forced Air

Cooling None

Exterior

Exterior Feature Other

Building

Foundation Basement

Structure Type Other

Schools

School District Grand Rapids City School District

Others

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by Grand River Realty
Place Perfect Realty

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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1012 Prospect Avenue