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$495,000
Est. payment /mo
1,664 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 1,664 sqft
Price per Sqft $297
MLS Listing ID 65026013518
Year Built 1968
Lot Size 0.260 Acres
Acres 0.26
Property Sub-Type MultiFamily
Property Description
Welcome to 418-420 56th St -- a meticulously cared for duplex offering expert craftsmanship and quality finishes throughout both units. This turnkey investment is already generating $2,300/month in rental income from one occupied unit, with the second unit available for showing upon accepted offer.Each identical 3-bedroom, 1-bathroom unit was completely renovated in 2023 from top to bottom, featuring new windows, new flooring throughout, new stainless steel appliances, new lighting and plumbing fixtures, a freshly painted interior and exterior, and updated mechanicals. No deferred maintenance here -- just move-in ready spaces designed to attract and retain quality tenants.Whether you are looking to live in one unit and rent the other, or add a fully stabilized asset to your rental portfolio, this property delivers immediate cash flow and long-term value. Opportunities like this don't last -- schedule your private showing today!
Location
State MI
County Kent
Area Area41181Kentwood
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Laundry CommonArea
Exterior
Parking Features Concrete
Utilities Available ElectricityConnected, NaturalGasConnected
View Y/N No
Roof Type Composition
Building
Sewer Public Sewer
Water Public
New Construction No
Schools
School District Kentwood
Others
Acceptable Financing Cash, Conventional, FHA, VaLoan
Listing Terms Cash, Conventional, FHA, VaLoan
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Listed by Filloreta Balaj-Elezi of EXP Realty LLC
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