$392,000
$370,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
736 Coit Avenue NE Grand Rapids, MI 49503
3 Beds
9,583 Sqft Lot
Key Details
Sold Price $392,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 65024011517
Sold Date 04/15/24
Bedrooms 3
Originating Board Greater Regional Alliance of REALTORS®
Year Built 1900
Annual Tax Amount $3,220
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 75x126
Property Description
Investment Opportunity in Belknap Lookout! This triplex boasts an ideal location with easy access to the Medical Mile, GVSU, public transportation, and the expressway. The rental certification is valid through August 2025. Highlights of this property include a roof installed in 2014, recently updated furnaces, and separate utilities for each unit. Additional amenities include a coin-operated washer and dryer, a garage, and a prime location directly across from Coit Park. Unit A, currently owner-occupied, offers an excellent opportunity for potential buyers seeking a home with income potential. Unit B is leased at $900 per month until February 2025, and Unit C has a lease for $950 per month that extends through May 2024. Agent to withhold any offers until March 15th at 4:00 PM.
Location
State MI
County Kent
Area Grand Rapids
Zoning Residential
Direction 196 to College, S to Michigan, W to Coit, N on Coit to home.
Rooms
Basement Walkout Access
Interior
Interior Features Other, Laundry Facility, Cable Available
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Garage Spaces 3.0
Roof Type Other
Garage no
Building
Foundation Michigan Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Structure Type Other
Schools
School District Grand Rapids
Others
Pets Allowed Yes
Tax ID 411419326008
Ownership Private Owned
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2025 Realcomp II Ltd. Shareholders
Bought with Bellabay Realty (Kentwood)