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
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
More Information MLS# 24050130
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
General Property Info
New Construction: No
Lot Dimensions: irregular, contact Listing Agt
Financial Available: No
Road Frontage: 200
Cert of Compliance: Yes
Waterfront: No
Basement: Yes
Total # Units: 10
# of Diff Unit Floor Plans: 2
Total # Bldgs: 2
Total Approx. SqFt All Bldgs: 9000
Total Parking Spaces: 15
School District: Kelloggsville
Lot Measurement: Acres
Lot Square Footage: 40000
Lot Acres: 0.92
Year Built: 1978
Tax Info
Taxable Value: 148836
SEV: 467100
For Tax Year: 2024
Seller's Annual Property Tax: 3514.7
Tax Year: 2023
Homestead %: 0
Spec Assessment & Ty: 0
Zoning: multi
Tax ID #: 41-18-30-451-019& 41-18-451-025
Status Change Info
Sold Price/SqFt: 111.11
Under Contract Date: 2024-10-01
Sold Date: 2024-12-28
Sold Price: $1,000,000
Waterfront Options
Water Access Y/N: No
Lot Description
Other: 1
Util Avail at Street
High Speed Internet: 1
Utilities Attached
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Laundry Features
Electric Dryer Hookup: 1
In Unit: 1
Laundry Closet: 1
Washer Hookup: 1
Exterior Material
Brick: 1
Wood Siding: 1
Roofing
Composition: 1
Heat Source
Electric: 1
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Baseboard: 1
Forced Air: 1
Hot Water: 1
Air Conditioning
Central Air: 1
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Driveway
Asphalt: 1
Substructure
Walk-Out Access: 1
Extras
Carports: 1
Sep Electric Meter: 1
Sep Gas Meter: 1
Owner Pays
Sewer: 1
Trash Collection: 1
Water: 1
Unit 1
Unit Description: 2 br 1 bath
SqFt: 1000
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 2 br 1 bath
SqFt: 1000
Occupied: No
Monthly Rent: 0
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Carport: 1
Possession
Close Of Escrow: 1
Location Property Info
County: Kent
Street #: 525-549
Street Name: Andover
Suffix: Street
Post Direction: SE
State: MI
Zip Code: 49548
OfficeContract Info
Status: Sold
Current Price: $1,000,000
List Price: $1,250,000
Listing Date: 2024-09-22
Remarks Misc
Directions: West off Eastern on Andover to property.
Income and Expenses
Operating Expense: 616732023
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
Last Updated: January - 11 - 2025
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