1144 Madison Avenue SE, & Multiple Properties, Grand Rapids, MI 49507 (MLS# 20001105)

1144 Madison Avenue SE, & Multiple Properties, Grand Rapids, MI 49507

$1,350,000
Property Type: Multi Family Status: Sold
Current Price: $1,500,000 List Date: 1/10/2020 Last Modified: 9/01/2023

Description

A portfolio of 6 multi family properties with 16 units.

More Information MLS# 20001105

Location Property Info

County: Kent Street #: 1144 Street Name: Madison Suffix: Avenue Post Direction: SE State: MI Zip Code: 49507 Area: Grand Rapids - G

OfficeContract Info

Status: Sold Current Price: $1,350,000 List Price: $1,500,000 Listing Date: 2020-01-08

General Property Info

Lot Measurement: Acres Lot Dimensions: 0x0 Year Built: 1900 New Construction: No Cert of Compliance: Yes Total # Units: 6 # of Diff Unit Floor Plans: 6 Total # Bldgs: 6 Waterfront: No School District: Grand Rapids

Tax Info

Tax ID #: 000000000000 Taxable Value: 382651 SEV: 388100 For Tax Year: 2019 Annual Property Tax: 20154.93 Tax Year: 2019 Spec Assessment & Ty: N/A Zoning: VARIOUS

Remarks Misc

Directions: N/A

Status Change Info

Under Contract Date: 2020-10-19 Sold Date: 2020-12-18 Sold Price: $1,350,000

Access Feat

Accessibility Features: No

Unit 1

Unit Description: 1144 MADISON 4 UNITS SqFt: 2876 Occupied: Yes Monthly Rent: 2909 Bedrooms: 7 Bathrooms: 4

Unit 2

Unit Description: 1130 JACKSON 3 UNITS SqFt: 3024 Occupied: Yes Monthly Rent: 2780 Bedrooms: 6 Bathrooms: 3

Unit 3

Unit Description: 1052 JACKSON 2 UNITS SqFt: 1907 Occupied: Yes Monthly Rent: 1890 Bedrooms: 4 Bathrooms: 2

Unit 4

Unit Description: 1053 FRANKLIN 3 UNIT SqFt: 2508 Occupied: Yes Monthly Rent: 2495 Bedrooms: 4 Bathrooms: 3

Unit 5

Unit Description: 905 CHATHAM 2 UNITS SqFt: 1940 Occupied: Yes Monthly Rent: 1300 Bedrooms: 4 Bathrooms: 2

Unit 6

Unit Description: 1236-1238 GARFIELD SqFt: 1848 Occupied: Yes Monthly Rent: 2225 Bedrooms: 5 Bathrooms: 3

Property Features

Exterior Material: Vinyl Siding; Wood Siding Substructure: Full; Michigan Basement Sewer: Public Sewer Water: Public Water Utilities Attached: Electricity Connected; Natural Gas Connected Util Avail at Street: None Owner Pays: Sewer; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Forced Air Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None
Listing Office: Five Star Real Estate (Casc) - I
Listing Agent: Hyuntae Yun
Last Updated: September - 01 - 2023
1144 Madison Avenue SE, & Multiple Properties, Grand Rapids, MI 49507- MLS# 20001105
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