822 NE Carrier Creek Boulevard NE, Grand Rapids, MI 49503

$650,000
4
BA

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List Price
$650,000
Days on Market
1
MLS#
26051651
Status
ACTIVE
Type
Multifamily
Bathrooms
4

Property Description

Open House Sat, Oct 3, 12-2 PM. No private showings. Fully leased 1982 4-unit on a private drive in NE Grand Rapids. Three neighboring 4-units on the drive are also for sale (16 units total!). Buy multiple and control the drive for potential ADUs, condo conversion, or a scaled long-term hold. Three units are month-to-month, giving room to reposition. Four 2BR/1BA units, approx. 900 sq ft each. Every unit has in-unit washer/dryer and its own furnace, water heater, and central AC. Tenants pay electric and gas; owner pays water, sewer, trash, lawn, and snow. Solid surface floors, one-piece tub/showers, and French doors to private decks (upper) or patios (lower). Lower units include dishwashers. Updates: 4 new AC units, new furnace, new water heater, one unit fully repainted, and overhanging trees removed from roofline. Unit rents shown are HUD FY2026 Fair Market Rent for a GR-area 2BR. Actual rents are below FMR, leaving room to grow income. Buyer to verify zoning for ADU/condo plans. Owning two or more buildings on the drive consolidates management, maintenance, and snow removal on one site. Unit layout: two lower and two upper units, each with a living room and dining area.

Additional Information

Owner Pays
Sewer, Trash Collection, Water
Taxes
$11,062
Acres
0.28
Basement
Slab, Walk-Out Access
Heating
Forced Air
Roofing
Composition
School District
Grand Rapids
Tenant Pays
Electricity, Gas
Total Parking Spaces
10
Utilities
Natural Gas Connected, Electricity Connected, Cable Available, Natural Gas Available
Water
Public Water

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Joseph Balayti from Listing Office: Century 21 Affiliated (GR).

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