1144 Madison Avenue SE, Grand Rapids, MI 49507
$410,000 - Sold
- MLS#: 22043965
- Number of Units: 4
- Type: 2 to 4 Units
- School District: Grand Rapids
- County: Kent
- Taxing Authority: City of Grand Rapids
- Year Built: 1882
- Basement: Yes
- Air: Window Unit(s),None
- Lot Size: 50*128
- Square Footage: 2,876
- Exterior: Brick, Wood Siding
- Water: Public
- Acreage: .15
- Heat: Forced Air/Natural Gas
- PPN: 41-14-31-455-003
- Sewer: Public
- Water Body: None
- Water Features: None
- Utilities Attached: Cable,Electric,Natural Gas
- Utilities Available at Street: Broadband,Cable,Electric,Natural Gas,Public Sewer,Public Water,Telephone Line
- Extras: None
- Lot Description:
- Frontage/Type: 50 / Street, 0 / Water
- Terms: Cash, Conventional, FHA, VA Loan, Other
- Original Price: $410,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: Hall St exit to Hall heading East. South on Madison. Home on East side of Madison.
- 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.
- Commission Offered:
- Buyer Agency: 3.00 % Sub Agency: 4.00 % Transaction Coordinator:
- Disclaimer: The listing broker's offer of compensation is made only to MichRIC member MLSs and a number of other MLSs throughout Michigan under a reciprocity agreement. For a current list visit mlshelp.com.
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