1153 Madison Avenue SE
Grand Rapids, MI 49507

Description

Lower 2 units are very well kept and both occupied by long term tenants. 1151 is Jake's Barber and Salon, 1153 is Smell Goods Scent Shop. All of the build out for the barber shop included in the sale of the building. 1151 has potential to earn another $200-400 a month. Upstairs is a Chicago style 2400 sq ft loft with 3 bedrooms and 2 baths, large laundry room/pantry, with great room and open floor plan. Unit 3 is occupied on 1 year lease. Building was completely renovated in 2005. Roof replaced in 2017. New furnace upstairs in 2017.

Details

MLS#19009975
Sub-TypeResale
StatusActive
Year1905
Days On Site35

Features

SQ Feet4,727
Units3
Building(s)1

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Area Information

StateMI
CountyKent
CityGrand Rapids
Zip Code49507
AreaGrand Rapids - G
Listing VS Median (in 49507)
Price:
$425,000
low | high
Med:
$130,950
100% of Average
SqFt:
4,727
low | high
Med:
858
100% of Average
$ / SqFt:
$90
low | high
Med:
$38
100% of Average
On Site:
35
low | high
Med:
86.5
40.462427745665% of Average
Listing Updated: 04/19/2019
MLS Number: 19009975
Listing Provided By:
Kay Courtney  of  Kay Courtney Associates
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Michigan Regional Information Center MLS.