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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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418 56th St SE , Kentwood, MI 49548
$495,000
Est. Payment: $1,100.00/mo
0 Bed
0 Bath
0 Sqft
Status: Active | Days on site: 50
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House Description

Welcome to 418-420 56th St -- a meticulously cared for duplex offering expert craftsmanship and quality finishes throughout both units. This turnkey investment is already generating $2,300/month in rental income from one occupied unit, with the second unit available for showing upon accepted offer. Each identical 3-bedroom, 1-bathroom unit was completely renovated in 2023 from top to bottom, featuring new windows, new flooring throughout, new stainless steel appliances, new lighting and plumbing fixtures, a freshly painted interior and exterior, and updated mechanicals. No deferred maintenance here -- just move-in ready spaces designed to attract and retain quality tenants. Whether you are looking to live in one unit and rent the other, or add a fully stabilized asset to your rental portfolio, this property delivers immediate cash flow and long-term value. Opportunities like this don't last -- schedule your private showing today!

Highlights

Listed by Filloreta Balaj-Elezi , 616-570-4188 EXP Realty LLC , 269-600-4397.

Property Type

Multi-Family

Lot/Acreage
0.26

Year Built

1968

County

Kent

School District

Kentwood

Listing ID

26013518

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Basement:Full

Exterior Features

Garage Capacity:2
Roof:Composition
Parking Features:Concrete,Driveway
Principal Interest
$1,100
Taxes
$517

Home Price

$495,000

Loan Details

30 yrs
%

Down Payment

20%
$99,000
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Monthly Price:
$1,100.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,100.00 $517.42 $0.00 $1,617.42
Yearly $13,200.00 $6,209.00 $0.00 $19,409.00
Total $396,000.00 $186,270.00 $0.00 $582,270.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Kentwood, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.