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114 Packard Avenue; SE - Grand Rapids - Investor Special

Property ID# 89719
114 Packard Avenue; SE
Grand Rapids, Michigan 49503
Location Map ...
 

Property Specs

Property Type: Multi-Family
Offer Type: For Sale
Total Size: 3,058 SF
Sale Size: 3,058 SF
Sale Price: $325,000
 

Property Overview

Excellent income property in highly desirable area. Leases in place with excellent cash flow. Furnace replacement in 2016. PEX Plumbing. All three units leased through 7/31/2021. May be combined with 946 Sigsbee SE, Grand Rapids.
  • Exceptional location.
  • Three Units - All Occupied by stable Tenants
  • Unit 1 - 3 bed; 1 bath @ $1,300
  • Unit 2 - 1 bed; 1 bath @ $780
  • Unit 3 - 1 bed; 1 bath @ $800
 

Files/Resources

Municipal Tax Data: click here
 

Additional Details

Multi SF: 3,058 SF
Roof: Shingle
Exterior: Wood
Substructure: Frame
Heat Source: Gas
Heat Type: Forced Air
Bathroom Qty: 1
Bath Location: Per Unit
Parking Spaces: 1
Parking Type: Street
Street Type: Paved
Utilities Attached: Gas and Electric
Utilities Available: All Public Utilities
Water Source: Public
Sewers: Public
# of Buildings: 1
# of Units: 3
# of Levels: 2
Occupancy Info: Leased
Basement: Full
NOI: $16,645
 

Street View

 

Map

 

Contact Information

Matthew Callander CCIM
Callander Commercial
(269) 384-8368 (DIRECT)
(269) 271-5187 (MOBILE)
(269) 349-1024 (FAX)
All information contained herein is provided as is, without warranty. Callander Commercial does not assume any liability for errors or omissions.
 
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