$850,000
Active
32 Days Online
0 Beds0 Baths0 SQFT
Active

1833 Prairie Parkway Wyoming, MI 49519

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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 TypeMulti-Family
  • NeighborhoodWyoming
  • CountyKent
  • Taxes$10,136
  • HOA/Condo/Coop Fees$0
  • Days on Site32 Days
  • MLS StatusActive
  • MLS ID Number70427529
  • Home Size Source N/A
  • Year Built1969
  • Lot Size0.52 Acres
  • Full BathsN/A
  • Partial BathsN/A

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Wyoming Public Schools
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