321 Madison Avenue Southeast

Grand Rapids MI 49503

2924 sq. ft.

0.17 ac.

Multi-Family

Currently for sale - view listing

Overview

This well-positioned, affordable Heritage Hill triplex pairs recent updates with an exceptional location near downtown Grand Rapids, the Wealthy Street corridor, and Cherry Street's shops and restaurants. Currently owner-occupied, the main residence features original millwork, oak floor, fireplace, large airy living room, formal dining, 1.5 bathrooms, and a recently refinished front room with inviting views of beautiful Madison Avenue. Two upstairs apartments--a studio with a walk-up attic and a one-bedroom--are home to long-term tenants and generate combined rental income of over $2,000 per month. The basement's exceptionally tall ceilings offer potential for a workshop or creative space, while the backyard provides room for recreation and a deep concrete parking pad. Its hilltop setting offers an open view of the sky, perfect for watching sunsets and storms roll in. A bus stop and shared scooter access at the end of the street add convenient transportation options to Downtown & Uptown.

Features

2924 sq. ft. floor area

0.17 ac. lot size

Multi-Family

Property history for 321 Madison Avenue Southeast

2022

Sold

Undisclosed

03 Nov 2022

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