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84 S 1st Street Cedar Springs, MI 49319
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Key Details
Sold Price $331,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65022047389
Sold Date 12/22/22
Bedrooms 4
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1973
Annual Tax Amount $4,395
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 66x132
Property Description
Turn-key 4 unit 7 bedroom investment property in a thriving area, just off the main drag in downtown Cedar Springs. Built in the 1970s as a quadplex, this property has well-planned layouts, low maintenance exterior and modern infrastructure. Collect $3520/mo in monthly rents. Two long-term tenants on month-to-month leases, one annual lease, 4th tenant to be placed after LVT flooring is installed, replacing brown carpet (pictured). Whole-house boiler is 3 years old, Roof is 4 years old. 6-8 parking spaces, on-site laundry room, large back yard for recreation. Just a street off of main, tenants can easily walk to businesses, the Brewery, Morley Park and the Elementary School. View this great property today! Update: Owner has asked for highest & best offers submitted by noon Monday.
Location
State MI
County Kent
Area Cedar Springs
Zoning Residential
Direction Downtown Cedar, S Main Street east on E Beech or E Ash to 1st St.
Interior
Interior Features Laundry Facility, Cable Available
Heating Radiant
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 7.0
Pool No
Roof Type Composition
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street, Storm Drain
Water Water at Street, Public (Municipal)
Structure Type Brick
Schools
School District Cedar Springs
Others
Pets Allowed Yes
Tax ID 410330356004
Acceptable Financing Cash, Conventional, FHA, USDA Loan (Rural Dev), VA
Listing Terms Cash, Conventional, FHA, USDA Loan (Rural Dev), VA
Financing Cash,Conventional,FHA,USDA Loan (Rural Dev),VA
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Bought with Grand River Realty
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