Acres0.29
Year1968


NextHome Evolution
(734) 822-6006
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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The Broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.