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4353 Norman Drive SE Kentwood Twp, MI 49508
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Key Details
Sold Price $206,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 71019018040
Sold Date 05/31/19
Bedrooms 2
Originating Board West Michigan Lakeshore Association of REALTORS
Year Built 1972
Annual Tax Amount $2,596
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 92x132x85x132
Property Description
Buy today, cash flow tomorrow. Priced to sell with incredible income potential. The home is a purpose built duplex featuring a 3-bedroom apartment on one side (owner occupied) and a 2-bedroom on the other (tenant month-to-month). Each unit has a full basement with the 3-bedroom featuring is semi-finished the plumbing is roughed in for a 2nd bath. Each unit includes separate metering to ensure limited monthly expenditures and better cap rates. With fair market rent in the $1200-1400/month range (per unit) this investment property won't last long. Owner pays for water & trash. Tenants pay for electric & gas.
Location
State MI
County Kent
Area Kentwood Twp
Direction 44th W Of Kalamazoo Go N On Norman
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Garage Spaces 4.0
Pool No
Roof Type Composition
Road Frontage Paved
Building
Sewer Sewer-Sanitary
Water Municipal Water
Structure Type Brick
Schools
School District Kentwood
Others
Pets Allowed Yes
Tax ID 411820476013
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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