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5924 Christie Ave SE

6 Unit Apartment Building $1,650,000 ($275,000/Unit) 4.28% Cap Rate Grand Rapids, MI 49508

Apartment Buildings Michigan Grand Rapids 5924 Christie Ave SE, Grand Rapids, MI 49508

Executive Summary

6- 3 Bedroom ,1.5 bath apartment units and a single family home. All units are rented. Off street parking 9 carports. Large lot. Fully occupied.

Property Facts

Price $1,650,000 Apartment Style Low Rise
Price Per Unit $275,000 Building Class C
Sale Type Investment Lot Size 0.67 AC
Cap Rate 4.28% Building Size 13,502 SF
No. Units 6 No. Stories 2
Property Type Multifamily Year Built 1969
Property Subtype Apartment Parking Ratio 1.11/1,000 SF
Price $1,650,000
Price Per Unit $275,000
Sale Type Investment
Cap Rate 4.28%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.67 AC
Building Size 13,502 SF
No. Stories 2
Year Built 1969
Parking Ratio 1.11/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
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PROPERTY TAXES

Parcel Number 41-18-32-427-031 Improvements Assessment $0
Land Assessment $0 Total Assessment $293,000

PROPERTY TAXES

Parcel Number
41-18-32-427-031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$293,000

zoning

Zoning Code R2 (Residential)
R2 (Residential)
(616) 485-2900

Contact

  • Listing ID: 32043363

  • Date on Market: 6/6/2024

  • Last Updated:

  • Address: 5924 Christie Ave SE, Grand Rapids, MI 49508

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5924 Christie Ave SE
(616) 485-2900 x

5924 Christie Ave SE

Timothy Slot

(616) 485-2900

(616) 485-2900

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