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$1,999,900
-- Bed
-- Bath
--sqft
116 And146 Coleman St, Grand Rapids, MI 49548
$1,999,900
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Multi Family
Built in 1984
$-- HOA
1.2 acres lot
--/sqft
Description
This is a rare opportunity for the smaller investor or investment group to own a solid 16-unit (2 building) apartment complex in desirable Gaines Township (lower millage rates than Kentwood or Wyoming). Units include five-1 bedroom units and eleven 2-bedroom units, a laundry room in each building, plus two 8-car carports and 12 more open air parking spaces. This is a one owner (seller bought from builder in 1985) - seller have enjoyed this investment for 40 years but ready to turn it over to younger buyers and then go sit in the sun. Rent has been kept below market for many long-term tenants. All units have separate heat and electric, owner pays for gas and electric in la...
Continue Reading- Houzeo last checked: 2 Hours ago
- Listing updated: October 23, 2025 at 11:05 am
- Listing Provided by: Dwight Berens (616) 540-7646 DRE #6501095445 | RE/MAX of Grand Rapids (Stndl) (616) 791-0110
- Source: MiRealSource MLS-MI | MLS#: 70498334
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1984
HOA Fees
-
Finished Area
- sqft
Lot Size
1.2 acres lot
Basement Area
- sqft
MLS Name
MiRealSource MLS
MLS Number
70498334
MLS Status
Pending
Days on Market
58
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