630 Madison Avenue SE Grand Rapids, MI 49503

$1,200,000
630 Madison Avenue SE, Grand Rapids, MI 49503

Multi-Family Home for sale in Grand Rapids, MI

for $1,200,000 with 5 bedrooms and 4 full baths. This home was built in 1880 on a lot size of 0.4400 Acre(s).

Property Information

  • $1,200,000
  • 5 Bedrooms
  • 4 Full Baths
  • Multi-Family
  • Taxes are $6,608
  • 5+ Family
  • Active
  • Lot size of 0.4400 Acre(s)
  • Built in 1880
  • Grand Rapids, MI
  • Franklin Neighborhood
  • Kent County
  • MLS/Web ID is 18023204

Description

Welcome to 630 Madison! This fantastic investment opportunity comes with an amazing location, story, condition, and so much more. American Laundry began in this home and has become a multi unit home. 2 units on the main level, 2 on the second floor, 1 on the third with a potential to turn it into 2 seperate. The Basement could also be turned into another unit. So much potential here and with the current rental market in Grand Rapids this is a one of a kind!

Interior 5

Basement

  • Basement
  • Full Basement

Heating Source

  • Natural Gas

Heating System

  • Steam

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 6

Driveway

  • Paved Driveway

Garage

  • Garage(s)

Lot Description

  • Corner

Parking

  • 1-20 Parking Spaces

Road Frontage

  • Paved

Siding

  • Wood Exterior

Miscellaneous 2

Acceptable Finance

  • Cash

Utilities

  • Cable
  • Electric
  • Natural Gas

Rental 2

Landlord Pays

  • Sewer
  • Water

Tenant Pays

  • Electric
  • Gas
  • Trash

† Excluded Feature

Neighborhood & Schools

School District: Grand Rapids

Listed By

Broker: KELLER WILLIAMS REALTY RIVERTOWN

630 Madison Avenue SE, Grand Rapids, MI, 49503 is a Multi-Family Home for sale at $1,200,000 with a lot size of 0.4400 Acre(s). 630 Madison Avenue SE has 5 bedrooms, 4.0 baths, and was built in 1880. The property's zip code is 49503 which is in Grand Rapids, MI

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Market Pricing

Average % of sale price Median % of sale price
All listings in Grand Rapids $365,216 70 % below $275,000 77 % below
Multi-family listings in Grand Rapids $280,820 77 % below $173,500 86 % below

Get the facts about Grand Rapids, MI!

Population 194,394
Population Growth (since 2000) -2 %
Median Income $40,048
Median Age 32.91
Households w/ Children 29 %

Residential Dwellings

  • Owned 42664
  • Vacant 8114
  • Rented 31876

Similar Listings

Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363