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$ 495,000
Est. payment /mo
Active
418 56th Street Kentwood, MI 49548-5802
1,664 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,664 sqft
Price per Sqft $297
Subdivision Mi
MLS Listing ID 70523197
Year Built 1968
Annual Tax Amount $6,209
Tax Year 2025
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 86 x 129
Property Sub-Type Multi-Family
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 Kentwood (41035)
Interior
Heating Forced Air
Exterior
Exterior Feature Aluminum, Brick
Amenities Available Laundry Facility
Building
Foundation Basement
Structure Type Aluminum,Brick
Schools
School District Kentwood Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,VA
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty LLC