525-549 Andover Street SE, Kentwood, MI 49548 (MLS# 24050130)

525-549 Andover Street SE, Kentwood, MI 49548

$1,000,000
Property Type: Multi Family Lot Size (sq. ft.): 40,000 Status: Sold
Current Price: $1,250,000 List Date: 9/23/2024 Last Modified: 1/11/2025

Description

this listing is for 2 parcels sold together, a 4 unit, and a 6 unit building. a total of 10, 2 bedroom 1 bath apartments with washer and dryer hook up in each apartment. many recent mechanical improvements including newer boiler, new water heater, and new main service panel in the 6 unit building. Buyer to confirm all information, lot dimensions etc. there are at least two different apartment sizes

More Information MLS# 24050130

Location Property Info

County: Kent Street #: 525-549 Street Name: Andover Suffix: Street Post Direction: SE State: MI Zip Code: 49548 Area: Grand Rapids - G

OfficeContract Info

Status: Sold Current Price: $1,000,000 List Price: $1,250,000 Listing Date: 2024-09-22

General Property Info

Lot Measurement: Acres Lot Square Footage: 40000 Lot Acres: 0.92 Lot Dimensions: irregular, contact Listing Agt Year Built: 1978 New Construction: No Financial Available: No Cert of Compliance: Yes Road Frontage: 200 Total # Units: 10 # of Diff Unit Floor Plans: 2 Total # Bldgs: 2 Total Approx. SqFt All Bldgs: 9000 Total Parking Spaces: 15 Waterfront: No School District: Kelloggsville

Tax Info

Tax ID #: 41-18-30-451-019& 41-18-451-025 Taxable Value: 148836 SEV: 467100 For Tax Year: 2024 Annual Property Tax: 3514.7 Tax Year: 2023 Zoning: multi

Remarks Misc

Directions: West off Eastern on Andover to property.

Status Change Info

Under Contract Date: 2024-10-01 Sold Date: 2024-12-28 Sold Price: $1,000,000 Sold Price/SqFt: 111.11

Waterfront Options

Water Access Y/N: No

Access Feat

Accessibility Features: No

Income and Expenses

Operating Expense: 616732023

Unit 1

Unit Description: 2 br 1 bath SqFt: 1000 Occupied: No Bedrooms: 2 Bathrooms: 1 Full Baths: 1

Unit 2

Unit Description: 2 br 1 bath SqFt: 1000 Occupied: No Bedrooms: 2 Bathrooms: 1 Full Baths: 1

Property Features

Laundry Features: Electric Dryer Hookup; In Unit; Laundry Closet; Washer Hookup Exterior Material: Brick; Wood Siding Roofing: Composition Substructure: Walk-Out Access Lot Description: Other Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Broadband Extras: Carports; Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Electric; Natural Gas Heat Type: Baseboard; Forced Air; Hot Water Air Conditioning: Central Air; Window Unit(s) Driveway: Asphalt Terms Available: Cash Possession: Close Of Escrow Sale Conditions: None Unit 2: Carport
Listing Office: The Realty Connection Assoc
Listing Agent: Thomas Tabor
Last Updated: January - 11 - 2025
525-549 Andover Street SE, Kentwood, MI 49548- MLS# 24050130
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