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125 Eastern Ave Se

By Owner
GRAND RAPIDS, MI, 49503
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Property Description

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8 Bedrooms

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4.0 Baths

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3,500 SQ FT

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0.10 Acres

$650,000

About this home

Unveil a unique investment opportunity with this multi-dwelling property centrally placed in the Eastown area. Boasting a prowess of eight bedrooms and four bathrooms across four separate units, this corner of Eastern NE and Kellogg St is a repository for practical home design and seasoned architectural composition. As you delve into the impressive specifics of this two-story building, each of its four units unfolds a story of its own, ranging from 500 sqft to 1200 sqft of airspace, exuding potential for a variety of occupants. Major renovations have been steadily and carefully undertaken over the last three years, demonstrating a commitment to maintaining and enhancing this property's value. These include updates to the soffit, windows and doors, along with determined efforts to dry the basement, consequently providing additional storage facilities for the tenants. Delving deeper into each unit, unique updates and modifications enrich each living space. In unit one, fresh paint and new flooring doth an inviting modern aesthetic, further accentuated by new kitchen windows and the strategic addition of a dishwasher and garbage disposal. Unit two has been enhanced through the complete replacement of the flooring and an updated bathroom, whilst unit three mirrors the new flooring and enlivens the ambiance with a refreshed coat of paint. Unit four is comprehensive in its updates, replacing flooring throughout, introducing brand-new windows into the bedroom, family room and kitchen while a ceiling fan offers both stylistic and practical benefits. Furthermore, the lower units are complemented with washer and dryer amenities and the upper units share a dedicated laundry area, ensuring functionality is part and parcel of this investment opportunity. With the presence of up-to-date fire detectors and recent painting gracing most units, it is evident that safety and modernity go hand in hand in this residential haven. Currently, all units are leased, providing immediate returns. Effectively merging size, location, and consistent care, this unique property stands ready for those eager to tap into the profitable world of investment properties.

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