Grand Rapids, MI 49504 407 11th Street NW # 409
$470,000
54 more
Presented By: Connor Anderson at MOXIE Real Estate + Development - (616) 890-7794
Home Details
4-unit investment property with day one cash flow! Current rents of $5,170 total a month. Each unit offers 2 beds and 1 bath, with updates throughout in recent years. All four furnaces were replaced in 2019, and new water heaters installed in 2024. Fresh exterior paint, deck repairs, and new roof fascia enhance curb appeal and long-term value. Strong rental history with modernized interiors. Don't miss out on this great opportunity for passive income!
Presented By: Connor Anderson at MOXIE Real Estate + Development - (616) 890-7794
Interior Features for 407 11th Street NW # 409
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NNo
BasementMichigan Basement
Basement (Y/N)Yes
Heating Y/NYes
Laundry FeaturesNone
Total Fireplaces1
General for 407 11th Street NW # 409
Additional Parcels Y/NNo
Attached Garage No
CityGrand Rapids
Construction MaterialsVinyl Siding
CoolingNone
CountyKent
DirectionsS Of Leonard Between Turner And Broadway.
Electric On Property Y/NNo
HeatingForced Air
High School DistrictGrand Rapids
Land Lease Y/NNo
Lease Renewal Y/NNo
Legal DescriptionLOT 1338* PANFIL S ASSESSOR S PLAT NO 56* OF LOTS 2 TO 15 INC & PART OF LOT 16 OF RICHMOND S ADD
Listing TermsVA Loan, MSHDA, FHA, Cash, Conventional
Lot Size Square Feet3311.0
Lot Size UnitsAcres
MLS AreaGrand Rapids - G
MLS Area MinorGrand Rapids - G
MobileHomeRemainsYNNo
ModificationTimestamp2025-06-03T14:29:40Z
New ConstructionNo
Number Of Units Total4
OwnerPaysTrash Collection, Water, Sewer
OwnershipPrivate Owned
PossessionClose Of Escrow
Property Subtype2 to 4 Units
Property TypeMulti Family
Rent Control Y/NNo
RoofComposition
Senior CommunityNone
Standard StatusActive
StatusActive
Tax Annual Amount4583.0
Tax Assessed Value91111
Tax Year2025
Tenant PaysElectric, Gas
TownshipCity of Grand Rapids
Unit Number409
UtilitiesNatural Gas Available, Electricity Available, Cable Available, Natural Gas Connected
Year Built1900
Zoning DescriptionR-3
Exterior for 407 11th Street NW # 409
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions45x74
Lot Size Acres0.08
Lot Size Area0.08
Number of Buildings1
Open Parking Y/NNo
Parking FeaturesUnpaved
Road Surface TypePaved
SpaNo
Total Parking0.0
Waterfront Y/NNo
Additional Details
Price History
Kellie Poe-Robb
Agent
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License #543277