For Sale Multi-Family MLS# 26058157

558 Madison Avenue SE

Grand Rapids, MI 49503

$750,000

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Listing Office

Officemichigan-regional-information-center-llc-rsd logoFive Star Real Estate (Ada)
AgentLauren Karsten
Phone616-690-8355
Email[email protected]

About 558 Madison Avenue SE

An amazing investment opportunity in Heritage Hill! This 5 unit property has separate gas and electric and is currently bringing in 7,565 dollars per month in rent. The spacious 1 bedroom, 1 bathroom units are easily rented, where tenants can walk to several bars and restaurants in the Wealthy street corridor. Call today to set up a showing and add 558 Madison to your investment portfolio!

Property details

Property

Type
Multi Family
MLS type
Multi Family Home
Status
Active
Year built
1905
Lot
0.151
Original price
$750,000
MLS #
26058157

Interior

Features
Michigan Basement
Heating
Forced Air

Exterior & lot

Features
Parking spaces: 2
Construction
Wood Siding
Parking
Paved

Schools

District
Grand Rapids Public Schools

Utilities

Utilities
Public Sewer, Public Water, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
Water
Public Water
Sewer
Public Sewer

Financial

Financial
Michigan Regional Information Center (MichRIC)
Annual tax
$14,150
Tax year
2025
Parcel
41-14-31-205-014
Legal
LOT 1* HEALD ADDITION* ALSO LOT 35 OF DORAN S ASSESSOR S PLAT NO 3

Location

County
Kent
Neighborhood
Heritage Hill
Community
Grand Rapids
Directions
South of Wealthy east side of street

Ask about this property

Questions on 558 Madison Avenue SE, Grand Rapids, MI 49503, or want to see it in person?

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.