550 Madison Avenue SE, Grand Rapids, MI 49503
- $400,000
- 5
- BD
- 3
- BA
- 2,358
- SqFt
- Sold Price
- $400,000
- List Price
- $379,900
- Closing Date
- Dec 29, 2023
- Days on Market
- 43
- MLS#
- 23139280
- Status
- SOLD
- Type
- Single Family Residential
- Bedrooms
- 5
- Bathrooms
- 3
- Full-baths
- 2
- Half-baths
- 1
- Living Area
- 2,358
- Neighborhood
- Grand Rapids - G
Property Description
Amazing opportunity for rental income in this two flat well cared for home. This property is set up as an up and down duplex. There is a kitchen, living room, two bedrooms and entry way on the main level. Upstairs has a 2nd kitchen large dining area, a full bath, half bath and 3 bedrooms. Both units feature hardwood floors and beautiful historic detail. The property was zoned as a duplex until 2009 and could possibly be again. The city currently has it zoned as a SFR and you could have a roommate live in their very own living space on a different floor if you didn't want to apply for it to become a 2 unit again - please verify with the GR planning commission on the process for doing this. The exterior was painted this year, newer roof and both furnaces are new in the past 2 years
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Additional Information
- Taxes
- $3,173
- Acres
- 0.22
- Appliances
- Refrigerator, Oven, Dishwasher, Dryer, Washer
- Basement
- Full, Michigan Basement
- Exterior Features
- Balcony
- Fireplace
- Yes
- Garage
- Yes
- Heating
- Forced Air
- Roofing
- Shingle
- School District
- Grand Rapids
- Sewer
- Public Sewer
- Stories
- 2
- Utilities
- Cable Connected, Natural Gas Connected, Phone Connected, High Speed Internet, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
- Water
- Public
Mortgage Calculator
Listing courtesy of Listing Agent: Lucas Howard from Listing Office: Keller Williams GR East.
Selling Agent: Selling Office: .
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