2939 Taft Avenue Sw, Grand Rapids city, Michigan

$499,900

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0.37

Acres

About 2939 Taft Avenue Sw

Owner occupied or pure investment opportunity! This well-maintained 4 unit, three 2bed/1bath apartments and one 1bec/1bath unit. Each unit offers functional layouts, bright living spaces, and great rental appeal. Separate electric meters for each tenant, with residents billed back for all other utilities. On-site coin laundry adds extra convenience & income potential. Inside the building, you'll find ample storage areas plus a 4-stall garage with updated doors and keycode access, perfect for tenants or additional rental income.Current rents for Units A&B are $1,195/month, while freshly updated, rent-ready Units C&D offer incredible upside potential. With projected total income of $5,200-$5,400/month, this property delivers solid cash flow and long-term appreciation potential. Conveniently located near shops, restaurants, parks, and major highways--an investor's dream in a strong rental market! Showings Available 11/17-18 Fri&Sat 5-8pm, Open House Sun 10/19 2-4pm. Offers due 11/22 8pm

Features of 2939 Taft Avenue Sw

MLS® # 65025052659
Price $499,900
Bathrooms 0.00
Acres 0.37
Year Built 1975
Type Multifamily
Status Active

Community Information

Address 2939 Taft Avenue Sw
Area 41142 - Grand Rapids
City Grand Rapids city
County Kent
State Michigan
Zip Code 49519

Amenities

Utilities Electricity Connected, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected
Parking Concrete, Garage
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas, Radiant
Cooling Window Unit(s)
Fireplace No

Exterior

Construction Brick, Concrete

School Information

District Wyoming

Additional Information

Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams GR East
Contact Infocasity.kao@gmail.com

Listing Map

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