$392,000
$370,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
736 Coit NE Avenue Grand Rapids, MI 49503
9,453 Sqft Lot
Key Details
Sold Price $392,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 24011517
Sold Date 04/15/24
Originating Board Michigan Regional Information Center (MichRIC)
Year Built 1900
Annual Tax Amount $3,220
Tax Year 2023
Lot Size 9,453 Sqft
Acres 0.22
Lot Dimensions 75x126
Property Description
Investment Opportunity in Belknap Lookout! This triplex boasts an ideal location with easy access to the Medical Mile, GVSU, public transportation, and the expressway. The rental certification is valid through August 2025. Highlights of this property include a roof installed in 2014, recently updated furnaces, and separate utilities for each unit. Additional amenities include a coin-operated washer and dryer, a garage, and a prime location directly across from Coit Park. Unit A, currently owner-occupied, offers an excellent opportunity for potential buyers seeking a home with income potential. Unit B is leased at $900 per month until February 2025, and Unit C has a lease for $950 per month that extends through May 2024. Agent to withhold any offers until March 15th at 4:00 PM.
Location
State MI
County Kent
Area Grand Rapids - G
Direction 196 to College, S to Michigan, W to Coit, N on Coit to home.
Rooms
Basement Michigan Basement, Walk Out
Interior
Heating Forced Air, Natural Gas
Fireplaces Number 1
Laundry In Basement
Exterior
Utilities Available Public Water Available, Public Sewer Available, Natural Gas Available, Electric Available, Cable Available, Broadband Available, Natural Gas Connected, Electric Connected
View Y/N No
Roof Type Other
Total Parking Spaces 3
Building
Sewer Public Sewer
Structure Type Other
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-19-326-008
Acceptable Financing VA Loan, FHA, Cash, Conventional
Listing Terms VA Loan, FHA, Cash, Conventional
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