$850,000
BEDS
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BATHS
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SQFT
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ACRES
0.52
MLS # 24045084 | Listed by MOXIE Real Estate + Development
1833 Prairie Parkway Sw, Wyoming, Mi 49519 is a $850,000 home on a 0.52 acre lot located in Wyoming, MI.
Seller’s 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.
Features
INTERIOR
| # Fireplaces | 1 |
| Cooling Types | CoolingYN - Yes |
| Heating Types | Hot Water HeatingYN - Yes |
EXTERIOR
| Exterior Features | Cash Conventional Gas Sewer Trash Collection Water Electricity Connected Natural Gas Connected |
| Construction Types | Brick |
PROPERTY
| Property Type | Multi-Family |
| Property Sub Type | 5+ Units |
| Year Built | 1969 |
| HOA Fee | $0.00 |
| Taxes | $10,136.00 |
| County | kent |
| School District | wyoming |
| High School | wyoming |
| Listing Agent | Shawn Jacobs |
Based on information from the Michigan Regional Information Center, LLC MLS, last updated 09/12/2024 at 03:27am MDT. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS or this website.
