Sold

$326,000

520-522 56th St SE, Grand Rapids, MI 49548

5beds

2baths

1,664sqft

2 to 4 Units

Built in 1968

-- sqft lot

$363,400 Zestimate^®

$196/sqft

$1,526 Estimated rent

Home value

$363,400

$345,000 - $385,000

$1,526/mo

Zestimate^® history

Owner options

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$1,526/mo

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$1,526/mo

Rent Zestimate^®

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$2,070/mo

Est. payment

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$2,070/mo

Est. payment

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What's special

Storage shedsFresh paintNice quiet streetNewer kitchenNewer kitchensStainless steel appliances

Great investment opportunity! Side-by-side duplex for sale on a nice quiet street. Units are in nice condition with newer kitchens and mechanicals. Unit 522: fresh paint and carpet, 2 BR, 1 BT, newer kitchen, full basement with office/den, room to finish large family room, stainless steel appliances, furnace 2017, water heater 2022. Unit 520: 3 BR, 1BT, finished lower level with family room and bedroom, newer kitchen, stainless steel appliances, furnace and A/C 2023, water heater 2018. Other notable features include: patio, fenced backyards, storage sheds. Great opportunity for an owner occupant or investor! Seller instructs listing broker to hold any/all offers until Monday (4/15/24) at noon.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2

Heating

Forced Air

Cooling

Central Air

Features

Basement: Full

Interior area

Total interior livable area: 1,664 sqft

Property

Parking

Total spaces: 4

Lot

Size: 10,454 Square Feet
Dimensions: 80 x 129

Details

Parcel number: 411831401010
Zoning description: res

Construction

Type & style

Home type: MultiFamily
Property subtype: 2 to 4 Units

Materials

Aluminum Siding, Brick
Roof: Composition

Condition

New construction: No
Year built: 1968

Utilities & green energy

Utilities for property: Natural Gas Connected, Electricity Connected

Community & HOA

Location

Region: Grand Rapids

Financial & listing details

Price per square foot: $196/sqft
Tax assessed value: $54,233
Annual tax amount: $2,935
Date on market: 4/10/2024
Listing terms: VA Loan,FHA,Cash,Conventional
Tenant pays: Electricity, Gas
Electric utility on property: Yes

Price history

Date	Event	Price
4/24/2024	Sold	$326,000+18.6%$196/sqft
Source: MichRIC #24016717 Report a problem
4/16/2024	Pending sale	$274,900$165/sqft
Source: MichRIC #24016717 Report a problem
4/10/2024	Listed for sale	$274,900$165/sqft
Source: MichRIC #24016717 Report a problem