1860 Prairie Parkway Sw

Wyoming, Michigan 49519

  • 7 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
  • 0.29
    Acre(Lot)
$450,000

Description

4 unit apartment building in a great location. there are 3-2br units and 1-1br unit. there is coin-operated laundry and individual storage units. the electrical has individual meters 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. 1870 prairie parkway sw is also for sale. see sister 4 unit listings.

  • Property Type

    Multifamily

  • County

    Kent

  • Style

    Multifamily

  • AD ID

    47481866

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Property Details

  • Heating & Cooling

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

  • Building Information

    • Year Built: 1967
    • Total Units: 4

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.29
    • Dimensions: 82 X 150

    Property Information

    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $500,000

    Listing Information

    • Possession: At Close
    • Legal Description: LOT 23 EX W 1.5 FT * ROOSIEN ADDITION NO. 1

  • Tax Information

    • Annual Tax: $5,197
    • Parcel Number: 411715254003

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: LOT 23 EX W 1.5 FT * ROOSIEN ADDITION NO. 1

  • Parking Information

    • Parking: 4

    Unit 1 Information

    • # of Bedrooms: 1

    Unit 2 Information

    • # of Bedrooms: 3

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/12/2025 @ 13:50

  • MLS: 612566751
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 7 bedrooms which is recently sold, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.