1833 Prairie Parkway SW $850,000

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    1833 Prairie Parkway SW Wyoming, MI 49519

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 24045084
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    Views: 22 Days On Site: 119

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    Property Details

    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

    • General Features
      • Year Built 1969
      • Property Sub Type 5+ Units
      • County Or Parish Kent
      • New Construction Y/N false
      • Tax Annual Amount 10136.76
    • Building Features
      • Cooling Window Unit(s),Wall Unit(s)
      • Cooling Yn true
      • Construction Materials Brick
      • Heating Hot Water
      • Heating Y/N true
      • Number Of Units Total 7
      • Bathrooms 0
      • Parking Total 10.0
    • Property Features
      • Number Of Buildings 1
      • Lot Size Area 0.52
      • Lot Size Acres 0.52
      • Utilities Natural Gas Connected
      • Waterfront Y/N false
    • Schools
      • High School District Wyoming

    Neighborhood

    Property History

    Date Event Price Percent Change
    -- Current Price Source: Multiple Listing Service New Value: $850,000
    12/10/2024 9:14:14 AM Status Changed Source: Multiple Listing Service New Value: Pending
    12/2/2024 9:44:15 AM Status Changed Source: Multiple Listing Service New Value: Active
    11/11/2024 11:14:29 AM Status Changed Source: Multiple Listing Service New Value: Pending
    9/23/2024 12:14:24 PM Status Changed Source: Multiple Listing Service New Value: Active
    9/14/2024 11:44:17 AM Status Changed Source: Multiple Listing Service New Value: Pending
    8/27/2024 11:14:00 PM New in Database Source: Multiple Listing Service New Value: $850,000

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.