5616 SE Madison Ave

Kentwood, MI 49548 View Map $262,500 Ask a Question
Acres0.29
Year1968
5616 SE Madison Ave Kentwood, MI 49548 | MLS 65023002683 Photo 1
5616 SE Madison Ave Kentwood, MI 49548 | MLS 65023002683 Map
NextHome Evolution

NextHome Evolution

(734) 822-6006

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Status: Sold
Property Type:Multifamily
MLS #:65023002683
Date Sold:2/8/2023
Lot Size:0.29 Acres
County:Kent
This solid brick side-by-side 1960's duplex comes to the market for the first time in 24 years. This is the easy-to-manage opportunity you have been waiting for to add to your rental portfolio. Large corner lot, split utilities, new Central Air/ mechanicals, updated electric, double garage and two driveways for plenty of parking. Large basement area could be finished for extra living space. Fenced back yard with patios. Would be easy to upgrade the interior for an owner-occupier. Fully occupied for immediate income with long-term tenants who are month-to-month. City Cert until 2026. This opportunity won't last long.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
2/8/2023$275,000$262,500-4.5%

Community Information

Address:5616 SE Madison Ave, Kentwood, MI 49548
Area:Kentwood Twp
County:Kent
City:Kentwood
School System:Kentwood
Zip Code:49548

Architecture

Year Built:1968
Total # of Units: 12
Unit 1 Info: 1 baths. Sq. Ft. 832 .
Unit 2 Info: 1 baths. Sq. Ft. 832 .
Construction Materials: Brick
Roof: Composition

Features / Amenities

Interior Features: Cable Available
Heating: Forced Air
Heating Fuel: Natural Gas

Property Features

Lot Size: 0.29 Acres
Lot Dimensions:98 x 130
Sewer: Public Sewer (Sewer-Sanitary)
Water: Public (Municipal)
Zoning:Residential
Directions:South on Eastern, West on 56th street SE, travel about 3 blocks and turn left on Madison. Home is on the corner on left side.

Tax and Financial Info

Tax Amount Summer: $2,609
Total Tax: $2,609
Financing: Cash, Conventional
Possession: At Close

Schools

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Listing Information Last Updated 3/31/2023
Listing provided courtesy of Greenridge Realty (Egr) (616-458-3655).
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