1012 Prospect SE Avenue Grand Rapids, MI 49507
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Pending
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 25061399
Year Built 1900
Annual Tax Amount $4,024
Tax Year 2025
Lot Size 6,447 Sqft
Acres 0.15
Lot Dimensions 46 X 140
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
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 - G
Rooms
Basement Michigan Basement
Interior
Heating Forced Air
Cooling None
Exterior
Parking Features Paved
Utilities Available Natural Gas Available, Electricity Available, Natural Gas Connected, Electricity Connected
View Y/N No
Roof Type Rubber
Street Surface Paved
Total Parking Spaces 4
Building
Sewer Public Sewer
Structure Type Shingle Siding,Other
New Construction No
Schools
School District Grand Rapids
Others
Tax ID 41-14-31-379-004
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional