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Salvatore Palazzolo

salpalazzolo@icloud.com +1(248) 927-8521

$ 649,000

Est. payment | -/mo

0.28 Acres Lot

Save

$ 649,000

Est. payment | -/mo

Save

0.28 Acres Lot

Open House

Sun May 31, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type 2 to 4 Units

Listing Status Active

Purchase Type For Sale

Municipality City of Grand Rapids

MLS Listing ID 26024823

Year Built 1961

Annual Tax Amount $8,347

Tax Year 2026

Lot Size 0.275 Acres

Acres 0.28

Lot Dimensions 109x110

Property Sub-Type 2 to 4 Units

Source Michigan Regional Information Center (MichRIC)

Property Description

One unit 1260 Northfield Ne is shown at open house; all layouts are identical. Remaining units available during inspection. Exceptional investment opportunity at 1258 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. Each units has its own furnace and water heater and also includes its own rear carport parking space. 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. Seller is a licensed real estate broker in the State of Michigan.

Location

State MI

County Kent

Direction N of Leonard st/W of Fuller ave

Rooms

Basement Full

Interior

Heating Forced Air

Laundry In Basement

Exterior

Parking Features Asphalt, Driveway, Paved

Utilities Available Natural Gas Connected, Electricity Connected, Cable Connected

View Y/N No

Roof Type Metal

Street Surface Paved

Total Parking Spaces 4

Building

Sewer Public Sewer

Structure Type Brick

New Construction No

Schools

School District Grand Rapids

Others

Tax ID 41-14-17-352-027

Acceptable Financing VA Loan, FHA, Cash, Conventional

Listing Terms VA Loan, FHA, Cash, Conventional

Listed by VJ Real Estate

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 927-8521

salpalazzolo@icloud.com

1226 Northfield NE Avenue Grand Rapids, MI 49505