1833 Prairie Parkway Sw

Wyoming, Michigan 49519

  • 15 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.52
    Acre(Lot)
$850,000

Description

7 unit apartment building in a great location. with several capex projects just completed, there are minimal capital expenditures needed. there are 6-2br units and 1-3br unit. coin-operated laundry. the electrical is individually metered and owner pays for heat (boiler), water/sewer and trash. rents are well below market. value add opportunity to increase rents to market as leases expire and implement a utility bill back/rubs program to recapture some of the utility expense. this could be a great opportunity for your next cost segregation study, house hack, rental investment or 1031 exchange. with limited true value add rental product on the market, it makes this property an incredible value add opportunity. 1860 & 1870 prairie parkway sw are also for sale, see sister 4 unit listings.

  • Property Type

    Multifamily

  • County

    Kent

  • Style

    Multifamily

  • AD ID

    46756131

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Property Details

  • Interior Features

    • Cable Available

    Heating & Cooling

    • Cooling: Wall Unit(s),Window Unit(s)
    • Heating: Hot Water
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1969
    • Total Units: 7

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.52
    • Dimensions: NA

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $850,000

    Listing Information

    • Possession: At Close
    • Legal Description: LOT 18 EX COM AT MOST SLY COR OF LOT 18 TH N 22D 53M W 127.39 FT TO MOST WLY COR OF LOT 18 TH N 65D 27M E ALONG NLY LINE OF SD LOT 7.0 FT TH S 19D 45M E 127.79 FT TO BEG * ROOSIEN ADDITION NO. 1 ALSO PART NE 1/4 SW 1/4 NE 1/4 OF SEC 15 T6N R12W COM A T MOST NLY COR OF SD LOT 18 TH S 23D 41M E 123.04 FT TO MOST ELY COR OF SD LOT TH N 60D 24M E 49.68 FT TO E 1/8 LINE TH N 0D 10M W ALONG E 1/8 LINE T

  • Tax Information

    • Annual Tax: $10,137
    • Parcel Number: 411715253011

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: LOT 18 EX COM AT MOST SLY COR OF LOT 18 TH N 22D 53M W 127.39 FT TO MOST WLY COR OF LOT 18 TH N 65D 27M E ALONG NLY LINE OF SD LOT 7.0 FT TH S 19D 45M E 127.79 FT TO BEG * ROOSIEN ADDITION NO. 1 ALSO PART NE 1/4 SW 1/4 NE 1/4 OF SEC 15 T6N R12W COM A T MOST NLY COR OF SD LOT 18 TH S 23D 41M E 123.04 FT TO MOST ELY COR OF SD LOT TH N 60D 24M E 49.68 FT TO E 1/8 LINE TH N 0D 10M W ALONG E 1/8 LINE T

  • Parking Information

    • Parking: 10

    Unit 2 Information

    • # of Bedrooms: 6

    Unit 3 Information

    • # of Bedrooms: 1

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 09/16/2024 @ 15:50

  • MLS: 612609467
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 15 bedrooms which is recently sold, it has 0 sqft, 1 sized lot, and Paved parking. and are nearby neighborhoods.