2939 Taft SW Avenue Pending Save Request In-Person Tour Request Virtual Tour
Wyoming,MI 49519
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Pending
Purchase Type For Sale
Municipality City of Grand Rapids
MLS Listing ID 25052659
Year Built 1975
Annual Tax Amount $7,647
Tax Year 2025
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 80 x 200
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Owner occupied or pure investment opportunity! This well-maintained 4 unit, three 2bed/1bath apartments and one 1bec/1bath unit. Each unit offers functional layouts, bright living spaces, and great rental appeal. Separate electric meters for each tenant, with residents billed back for all other utilities. On-site coin laundry adds extra convenience & income potential. Inside the building, you'll find ample storage areas plus a 4-stall garage with updated doors and keycode access, perfect for tenants or additional rental income.
Current rents for Units A&B are $1,195/month, while freshly updated, rent-ready Units C&D offer incredible upside potential. With projected total income of $5,200-$5,400/month, this property delivers solid cash flow and long-term appreciation potential. Conveniently located near shops, restaurants, parks, and major highways—an investor's dream in a strong rental market! Showings Available 10/17-18 Fri&Sat 5-8pm, Open House Sun 10/19 2-4pm. Offers reviewed 10/2 at 8PM at 8PM
Location
State MI
County Kent
Area Grand Rapids - G
Direction Taft and 28th st
Rooms
Basement Daylight,Full
Interior
Heating Radiant
Cooling Window Unit(s)
Laundry Common Area,Laundry Room
Exterior
Parking Features Concrete,Driveway
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Storm Sewer
View Y/N No
Roof Type Composition
Total Parking Spaces 4
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Brick,Concrete
New Construction No
Schools
School District Wyoming
Others
Tax ID 41031502028
Acceptable Financing VA Loan,FHA,Cash,Conventional
Listing Terms VA Loan,FHA,Cash,Conventional