116 Coleman SE Street Active Save Request In-Person Tour Request Virtual Tour
Grand Rapids,MI 49548
Key Details
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Active
Purchase Type For Sale
Municipality Gaines Twp
MLS Listing ID 25051710
Year Built 1984
Annual Tax Amount $6,800
Tax Year 2025
Lot Size 0.579 Acres
Acres 0.58
Lot Dimensions 210x120x210x120
Property Sub-Type 5+ Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Great opportunity for medium size investor or investment group, this solid brick building includes seven 2-bedroom units and one 1-bedroom unit, coin operated laundry, and two furnace rooms. Tenant pays their own heating/cooling and electrical; landlord pays for gas/electric in the common areas. There is an 8-car carport plus open air parking for 8 more vehicles. We also have listed an 8-unit building to the east (146 Coleman), which is also available for $999,950. This is a one owner building purchased 40 years ago and has been a great investment. Low taxes, low regulation Gaines Township is also a bonus. Call L.S. Dwight Berens only for more information. All offers due Fri 10/17 5:00 pm
Location
State MI
County Kent
Area Grand Rapids - G
Direction East off 7400 block of S Division
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Wall Unit(s)
Laundry Laundry Room
Exterior
Parking Features Asphalt,Driveway
Utilities Available Phone Connected,Natural Gas Connected,Electricity Connected,Cable Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Handicap Access No Step Entrance
Total Parking Spaces 12
Building
Lot Description Level
Structure Type Brick
New Construction No
Schools
School District Kentwood
Others
Tax ID 41-22-07-305-052
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional