252 Madison Avenue SE, Grand Rapids, MI 49503

$845,000

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List Price
$845,000
Days on Market
1
MLS#
26049531
Status
ACTIVE
Type
Multifamily

Property Description

Set along a picturesque, tree-lined street in the heart of Heritage Hill, this exceptional historic property blends beautifully preserved character with thoughtful updates. An elegant foyer welcomes you to a beautiful staircase and timeless architectural details throughout, including a charming pocket door. Offering 6 bedrooms and 3 full baths, the property is legally configured as 3 units, each with 2 bedrooms and 1 bath. An exceptional investment opportunity with the flexibility to owner occupy, offering the potential to enjoy the character and convenience of Heritage Hill while creating rental income from the additional units. Updates include newer whole-home furnace and water heater. Handsome, low-maintenance brick exterior, 2-stall garage, additional parking and outdoor storage. Just minutes from downtown Grand Rapids, restaurants, entertainment, outdoor concerts and more.

Additional Information

Owner Pays
Gas, Sewer, Trash Collection, Water, None
Taxes
$7,249
Acres
0.18
Basement
Full, Michigan Basement
Heating
Radiant
Roofing
Composition
School District
Grand Rapids
Sewer
Public Sewer
Tenant Pays
Electricity
Total Parking Spaces
4
Utilities
Cable Connected, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Kristy L Nora from Listing Office: Rogers Neighborhood Realty.

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