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About This Home
This 8-bedroom, 0-bathroom residential multi family at 1238 Northfield Avenue NE in Grand Rapids, MI is listed for $649,000. Built in 1961, on a 0.28 acres lot.
One unit 1260 Northfield Ne is shown at open house; all layouts are identical. Remaining units available during inspection. Exceptional investment opportunity at 1238 Northfield NE in the heart of Grand Rapids. This solid brick 4-unit Townhouse can be fully rented for strong cash flow or owner-occupied while generating rental income from the remaining units.
Seller is offering five separate 4-unit buildings , a total of 20 units (1258, 1336, 1238 , 1239, 1226 Northfield NE) available individually or as a package portfolio purchase. Conveniently located near Medical Mile and all the exciting new downtown Grand Rapids developments, this property offers both stability and long-term growth potential.
Every unit also includes its own rear carport parking space. Each units has its own furnace and water heater. A rare opportunity to own a well-built multifamily property in a rapidly growing area. Each units condition may varies. All offer to be reviewed on Monday June 1st at 7 PM. Seller is a licensed real estate broker in the State of Michigan.
Key Features
- Built in 1961
- 0.28 acre lot
- 4 parking spaces
Property Details
Monthly Cost Estimate
$3,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1238 Northfield Avenue NE
Grand Rapids, MI 49505
Property Details
Construction
Parking
Heating
Questions & Answers
This 8-bedroom, 0-bathroom residential multi family at 1238 Northfield Avenue NE is listed at $649,000. The estimated monthly payment is $2,812 based on 20% down at 6.5% interest.
Key features include: Built in 1961, 0.28 acre lot, 4 parking spaces.
This property is listed by Vung L Mang and can be reached at 6164858138 or sbvlmang@gmail.com.
