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Listing 6 out of 165
Sold for $329,900 Sold

320 Madison Avenue SE
Grand Rapids, MI 49503

2 units | Multi Family Home
6621 sq ft - MLS# 18039079
Property Photo
1/46

Sold

Sold for $329,900 on Oct 12, 2018

Description

BACK ON MARKET - First time buyer got cold feet. Home passed inspections and those reports are available. Established rental history. This 1908 built mansion was delightfully converted into two large apartmentS (2-3 bedroom each). Recently used as owner occupied with second unit SOLD FULLY FURNISHED! an established Air B&B rental offsetting owner mortgage by $1400/month - this is a smart buy for owners, investors, or a family that wants to convert back to a gracious single family home. Gorgeousoriginal woodwork, doors, hardware, lovely entry foyers, stained glass windows, original wood floors and more can't be fully described - a true treasure. Multiple private outdoor dining and entertainment areas, plus detached full size 2 stall garage makes this home a standout in the area.

Features

  • Property Type: Multi Family Home
  • Sub Type: 2 to 4 Units
  • Listing Status: Sold
  • Listing Price: $329,900
  • County/Area: Kent County
  • Zip Code: 49503
  • Year Built: 1908
  • School District: Grand Rapids
  • Units: 2 units
  • Basement: Yes, See Substructure
  • # of Parking Spaces: 3.0000
  • Lot Size: 6621 sq ft
  • Zoning: RES
  • Auction or For Sale: For Sale
  • Driveway: Paved
  • Exterior Material: Wood Siding
  • Extras: Garages, Laundry Facility, Tenant Storage
  • Gross Op. Inc.: 16800.00
  • Heat Source: Natural Gas
  • Heat Type: Hot Water
  • Lot Description: Sidewalk
  • Lot Square Footage: 6621.00
  • Mineral Rights: Yes
  • Municipality: City Of Grand Rapids
  • Owner Pays: Electricity, Gas, Sewer, Trash Collection, Water
  • Road Frontage: 55.00
  • Roofing: Composition
  • Sewer: Public
  • Sold Price/SqFt: 103.22
  • Street Type: Paved, Public
  • Sub-Area: G41 - Kent County
  • Substructure: Full Basement, Michigan Basement
  • Tax Year: 2018
  • Terms Available: Cash/Conventional
  • Total # Bldgs: 1.00
  • Total Approx. SqFt All Bldgs: 3196.00
  • Unit 1: Deck/Patio, Fireplace, Garage, Garb Disp, Range Oven, Refrigerator, Washer/Dryer
  • Unit 1: Bathrooms: 1
  • Unit 1: Bedrooms: 2
  • Unit 1: Monthly Rent: 1400.00
  • Unit 1: Occupied: Yes
  • Unit 1: SqFt: 1269.00
  • Unit 1: Unit #: 1
  • Unit 1: Unit Description: Lower Unit
  • Unit 2: Deck/Patio, Dishwasher, Garage, Garb Disp, Range/Oven, Refrigerator, Washer/Dryer
  • Unit 2: Bathrooms: 1
  • Unit 2: Bedrooms: 3
  • Unit 2: Occupied: Yes
  • Unit 2: SqFt: 1928.00
  • Unit 2: Unit #: 2
  • Unit 2: Unit Description: Upper Unit
  • Util Avail at Street: None, Storm Sewer
  • Utilities Attached: Electric, Natural Gas
  • Water: Public
  • Sold Date: 2018-10-12 00:00:00
Courtesy of Keller Williams Gr East, Erin C Fester

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