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418 56th St SE, Kentwood, MI, 49548

6beds
2baths
1,664sqft
$495,000
$297price/sqft
$3,314/moest. monthly cost
$132,560/yrincome needed

About This Home

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!

Getting Around

30
WalkingCar-Dependent
0
TransitVery Limited Transit
34
BikeSomewhat Bikeable

Schools

6/10
Glenwood ElementaryGrades K-50.7 mi
4/10
Valleywood Middle SchoolGrades 6-81.1 mi
5/10
East Kentwood High SchoolGrades 10-121.8 mi

Construction

Condition

  • Year built: 1968

Materials

  • Roof: Composition
  • Construction materials: Aluminum Siding,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: 2 to 4 Units

Interior

Basement

  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total interior livable area: 1,664 sqft

Property

Details

  • Parcel number: 411831401002
  • Zoning description: R2

Lot

  • Lot size: 0.26 Acres
  • Lot size dimensions: 86 x 129

Parking

  • Total spaces: 2
  • Parking features: Concrete,Driveway