Listing Courtesy of: MichRic / Listed By: Joseph "Joe" Balayti, Century 21 Affiliated 822 NE Carrier Creek Boulevard NE Grand Rapids, MI 49503
Active (1 Days)
$650,000 (USD)
4
BATH
OPEN HOUSE TIMES
-
OPENSat, Oct 312 noon - 2:00 pm
Description
Open House Sat, Oct 3, 12-2 PM. No private showings. Fully leased 1982 4-unit on a private drive in NE Grand Rapids. Three neighboring 4-units on the drive are also for sale (16 units total!). Buy multiple and control the drive for potential ADUs, condo conversion, or a scaled long-term hold. Three units are month-to-month, giving room to reposition. Four 2BR/1BA units, approx. 900 sq ft each. Every unit has in-unit washer/dryer and its own furnace, water heater, and central AC. Tenants pay electric and gas; owner pays water, sewer, trash, lawn, and snow. Solid surface floors, one-piece tub/showers, and French doors to private decks (upper) or patios (lower). Lower units include dishwashers. Updates: 4 new AC units, new furnace, new water heater, one unit fully repainted, and overhanging trees removed from roofline. Unit rents shown are HUD FY2026 Fair Market Rent for a GR-area 2BR. Actual rents are below FMR, leaving room to grow income. Buyer to verify zoning for ADU/condo plans. Owning two or more buildings on the drive consolidates management, maintenance, and snow removal on one site. Unit layout: two lower and two upper units, each with a living room and dining area.
MLS #:
26051651
26051651
Taxes
$11,062
$11,062
Lot Size
0.28 acres
0.28 acres
Type
Multifamily
Multifamily
Year Built
1982
1982
County
Kent County
Kent County
Listed By
Joseph "Joe" Balayti, Century 21 Affiliated
Source
MichRic
Last checked Sep 30 2026 at 1:18 AM CDT
MichRic
Last checked Sep 30 2026 at 1:18 AM CDT
Bathroom Details
Heating and Cooling
- Forced Air
- Central Air
Basement Information
- Slab
- Walk-Out Access
Exterior Features
- Vinyl Siding
Parking
- Asphalt
- Driveway
- Paved
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Affiliated and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 Michigan Regional Information Center (MichRIC). All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/29/26 18:18
