$ 999,950
-
$999,950
Price -
0
Bed - Bath
-
5,900
SqFt
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About the Listing 73425 - 514731,534301
Great investment for a medium investor or small investment group, this building at 146 Coleman includes four 1-bedroom units and four 2-bedroom units, all approximately 650 square feet of living space, plus an 8-car carport and open air parking for 10 more. This can also be combined with 116 Coleman St, which is to the west for a total of $1,999,950. Very quiet neighborhood in low taxes and low regulation area Gaines Township, and convenient to US 131. Many long term tenants who are paying rents that are substantially below market. Units average about $1,000 per month but potentially could be increased 10-20% with more aggressive property management. Tenants pay their own heat and electric. This is a one-owner build owned for 40 years by a bunch of 70 year olds who want to just sit in the sun. Offers due Fri 10/17 at 5:00 pm.
Listing Highlights for 146 Coleman
Status
Pending
Days on Site
26
Property Type
Multi-Family
MLS ®
70498392
Year Built
1984
Total Square Footage
5,900
Lot/Acreage
0.65
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 5900
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 235x120
- Zoning: Commercial
- Roof:
- Others:
- Sewer:
- Parking Features: Carport
Financial Details
- Tax Amount: $7,041
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
146 Coleman Grand Rapids, MI 49548
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