MI > Gaines Twp
Gaines Twp, MI 49548,146 Coleman Street SE
Gaines Twp, MI 49548,146 Coleman Street SE
Gaines Twp, MI 49548,146 Coleman Street SE
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$999,950
Est. payment /mo
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8 Beds
0.65 Acres Lot
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146 Coleman Street SE Gaines Twp, MI 49548

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Cyrus Wheeler

Cyrus Wheeler

+1(248) 885-2646

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65025051741

Bedrooms 8

Year Built 1984

Annual Tax Amount $7,041

Lot Size 0.650 Acres

Acres 0.65

Lot Dimensions 235x120

Source Greater Regional Alliance of REALTORS®

Property Description

Great investment for a medium investor or small investment group, this building at 146 Coleman includes four 1-bedroom units and four 2-bedroom units, all approximately 650 square feet of living space, plus an 8-car carport and open air parking for 10 more. This can also be combined with 116 Coleman St, which is to the west for a total of $1,999,950. Very quiet neighborhood in low taxes and low regulation area Gaines Township, and convenient to US 131. Many long term tenants who are paying rents that are substantially below market. Units average about $1,000 per month but potentially could be increased 10-20% with more aggressive property management. Tenants pay their own heat and electric. This is a one-owner build owned for 40 years by a bunch of 70 year olds who want to just sit in the sun.

Location

State MI

County Kent

Area Gaines Twp

Zoning Commercial

Direction East off 7400 block of S. Division

Interior

Interior Features Laundry Facility

Heating Forced Air

Cooling Wall Unit(s)

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Garage Spaces 12.0

Roof Type Composition

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Slab

Sewer Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Kentwood

Others

Pets Allowed Yes

Tax ID 412207305053

Ownership Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Dwight J Berens of RE/MAX of Grand Rapids (Stndl)

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Cyrus Wheeler

Cyrus Wheeler

Broker | License ID: 6501414673

+1(248) 885-2646

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146 Coleman Street SE