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630 Madison Ave, Grand Rapids, MI 49503
0 Beds
0 Baths
n/a sqft

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Great investment opportunity on this nicely updated majestic 5 unit historic home. Perfectly located on a huge corner lot directly adjacent Pleasant park with plenty of off street parking including a 3 car garage. Major updates over the last 3 years include new roof, boiler and totally remodeled third fl loft. Basement has large storage units, coin laundry, a bath and could be turned into a 6th unit. American Laundry started at this home and now it's the perfect location for investment. 2 units on the main floor, 2 units on the 2nd floor and a large loft on the 3rd floor. This location is ideal for finding great tenants and current rents are below market. Call to set up a private showing.
  • Price:
  • $950,000
  • Acreage:
  • 0.44
  • Year Built:
  • 1880
  • Listing ID #:
  • 19015433
  • Street Address:
  • 630 Madison Ave
  • City:
  • Grand Rapids
  • State:
  • Michigan
  • Postal Code:
  • 49503
  • County:
  • Kent
  • Community:
  • Grand Rapids - G
  • Listing Status:
  • Active
  • Basement Description:
  • Full Basement
  • Has Basement:
  • Yes
  • Number Of Units:
  • 5
  • Siding:
  • Wood Siding
  • Type Of Roof:
  • Composition
  • Unit1 Square Footage Range:
  • 10.00
  • Unit2 Square Footage Range:
  • 10.00
  • Unit3 Square Footage Range:
  • 10.00
  • Unit4 Square Footage Range:
  • 10.00
  • Year Built:
  • 1880
  • Conforms To Zoning:
  • Com Improved
  • Lot Description:
  • Corner
  • Lot Square Footage:
  • 19166.00
  • Road Frontage:
  • 128.00
  • Financing Options:
  • Cash, Cash/Conventional
  • Property Taxes:
  • $7,484
  • Tax Year:
  • 2018
  • Tenant Pays:
  • Electric
  • Driveway:
  • Paved
  • Existing Water:
  • Public
  • Heating:
  • Steam
  • Sewage Type:
  • Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Adam Starr of Keller Williams Gr North
  • KZOO

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