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1144 Madison Avenue Grand Rapids, MI 49507-1288
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Key Details
Sold Price $410,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,876 sqft
Price per Sqft $142
Subdivision Mi
MLS Listing ID 70286944
Sold Date 11/18/22
Year Built 1882
Annual Tax Amount $5,200
Tax Year 2021
Lot Size 6,534 Sqft
Acres 0.15
Lot Dimensions 50*128
Property Sub-Type Multi-Family
Property Description
Solid 4 unit with Great Cash Flow. This property would make a great investment. Three Units are 2BR,BA, One Unit is 1BR,BA. Unit 1 has been completely renovated and several others have been updated. Extensive renovations have been completed in the past year. Coin operated laundry for additional income. Property has been certified with the city of Grand Rapids. Current rents are below market, opportunity for new ownership to bring rents up to market to increase income.
Location
State MI
County Kent
Area Update
Rooms
Basement MI Basement, Other
Interior
Interior Features Cable/Internet Avail.
Heating Forced Air
Cooling None
Exterior
Exterior Feature Brick, Wood
Building
Lot Description Easement
Foundation Basement
Water Public Water
Structure Type Brick,Wood
Schools
School District Grand Rapids City School District
Others
Energy Description Natural Gas
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional,FHA,VA
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Bought with Clarity Realty LLC