$400,000
Sold

550 Madison Avenue SE

Grand Rapids, MI 49503
2358 sqft | 5 beds | 2.5 baths | #65023139280
Type:Purchase
Structure:House
Zone:Residential

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

Location

Timothy StinsonPremier Realtor | 248-933-0539