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125 Eastern Ave SE

Grand Rapids MI 49503

4443 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

This fully rented 4-unit property in a prime location offers great cash flow and numerous upgrades! Recent improvements include refreshed common areas with new carpet runners, vinyl plank flooring, and fresh paint; new double-pane vinyl windows with aluminum wrap; plumbing overhaul with PEX; and four dedicated water heaters (one per unit). Units #1 and #2 feature in-unit laundry, while Units #3 and #4 have shared laundry in the basement. Other updates include new landscaping timbers, glass block windows with dryer vents, re-poured concrete steps, and newly installed gutters and downspouts. Well-maintained and ready for tenants!

Features

4443 sq. ft. lot size
Multi-Family

Property history for 125 Eastern Ave SE

2020
Sold
$580,000
31 Dec 2020 by Jason Carpenter, of Keller Williams GR East
2016
Sold
$203,000
18 Nov 2016 by Zach Wendt, of Keller Williams GR North

Happy sellers in Grand Rapids

90%
90% of sellers in Grand Rapids reported that their sale price either exceeded or met their price expectations.

Grand Rapids stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Grand Rapids over the last 12 months.

Local market activity for multi families in Grand Rapids

In the last 12 months, 66 multi families similar to 125 Eastern Ave SE, have been sold.

This represents a 2% increase in multi families sales when compared to the previous 12 months.

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