525-549 Andover Street SE, Kentwood, MI 49548

$1,000,000
Property Type: Multi Family Lot Size (sq. ft.): 40,000 Status: Sold
Current Price: $1,250,000 List Date: 9/23/2024 Last Modified: 1/11/2025

Overview

Description

this listing is for 2 parcels sold together, a 4 unit, and a 6 unit building. a total of 10, 2 bedroom 1 bath apartments with washer and dryer hook up in each apartment.many recent mechanical improvements including newer boiler, new water heater, and new main service panel in the 6 unit building. Buyer to confirm all information, lot dimensions etc. there are at least two different apartment sizes

Listing Details MLS# 24050130

Location Property Info

County
Kent
Street #
525-549
Street Name
Andover
Suffix
Street
Post Direction
SE
State
MI
Zip Code
49548

General Property Info

Lot Measurement
Acres
Lot Square Footage
40000
Lot Acres
0.92
Lot Dimensions
irregular, contact Listing Agt
Year Built
1978
New Construction
No
Financial Available
No
Cert of Compliance
Yes
Road Frontage
200
Total # Units
10
# of Diff Unit Floor Plans
2
Total # Bldgs
2
Total Approx. SqFt All Bldgs
9000
Total Parking Spaces
15
Waterfront
No
School District
Kelloggsville
Basement
Yes

Tax Info

Tax ID #
41-18-30-451-019& 41-18-451-025
Taxable Value
148836
SEV
467100
For Tax Year
2024
Seller's Annual Property Tax
3514.7
Tax Year
2023
Zoning
multi
Homestead %
0
Spec Assessment & Ty
No

Remarks Misc

Directions
West off Eastern on Andover to property.

Status Change Info

Under Contract Date
2024-10-01
Sold Date
2024-12-28
Sold Price/SqFt
111.11

More Information

Waterfront Options

Water Access Y/N
No

Access Feat

Accessibility Features
No

Income and Expenses

Operating Expense
616732023

Unit 1

Unit Description
2 br 1 bath
SqFt
1000
Occupied
No
Bathrooms
Yes
Full Baths
Yes
Monthly Rent
0

Unit 2

Unit Description
2 br 1 bath
SqFt
1000
Occupied
No
Bathrooms
Yes
Full Baths
Yes
Monthly Rent
0
Carport
Yes

Location & Property Info

Cross Streets
Eastern & Andover
Property Sub-Type
5+ Units
Area
Grand Rapids - G
Municipality
City of Kentwood
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
138.89

Lot Description

Other
Yes

Util Avail at Street

High Speed Internet
Yes

Utilities Attached

Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes

Laundry Features

Electric Dryer Hookup
Yes
In Unit
Yes
Laundry Closet
Yes
Washer Hookup
Yes

Exterior Material

Brick
Yes
Wood Siding
Yes

Roofing

Composition
Yes

Heat Source

Electric
Yes
Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Baseboard
Yes
Forced Air
Yes
Hot Water
Yes

Air Conditioning

Central Air
Yes
Window Unit(s)
Yes

Tenant Pays

Electric
Yes
Gas
Yes

Driveway

Asphalt
Yes

Substructure

Walk-Out Access
Yes

Extras

Carports
Yes
Sep Electric Meter
Yes
Sep Gas Meter
Yes

Owner Pays

Sewer
Yes
Trash Collection
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: Electric Dryer Hookup; In Unit; Laundry Closet; Washer Hookup Exterior Material: Brick; Wood Siding Roofing: Composition Substructure: Walk-Out Access Lot Description: Other Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: High Speed Internet Extras: Carports; Sep Electric Meter; Sep Gas Meter Owner Pays: Sewer; Trash Collection; Water Tenant Pays: Electric; Gas Heat Source: Electric; Natural Gas Heat Type: Baseboard; Forced Air; Hot Water Air Conditioning: Central Air; Window Unit(s) Driveway: Asphalt Terms Available: Cash Possession: Close Of Escrow Sale Conditions: None Unit 2: Carport
Listing Office: The Realty Connection Assoc
Listing Agent: Thomas S Tabor
IDX
Last Updated: January - 11 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. 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.