2323 30th Street SW $2,310,000

    Close

    2323 30th Street SW Wyoming, MI 49519

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 24042565
    Favorite Share
    Views: 18 Days On Site: 100

    Go Tour This Listing

    Schedule A Showing

    Property Details

    22 unit apartment building in a great location. All units are 2Br-1BA. There is coin-operated laundry and individual storage units, in each building. 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 or 1031 exchange. With limited true value add rental product and the possibility to build more units, makes this property an incredible value add opportunity. Buyer to verify feasibility with City if adding additional units is possible.

    • General Features
      • Year Built 1973
      • Property Sub Type 5+ Units
      • County Or Parish Kent
      • New Construction Y/N false
      • Tax Annual Amount 30357.25
    • Building Features
      • Cooling Wall Unit(s)
      • Cooling Yn true
      • Construction Materials Brick
      • Heating Hot Water
      • Heating Y/N true
      • Number Of Units Total 22
      • Roof Composition
      • Bathrooms 0
      • Basement Other
      • Parking Total 35.0
    • Property Features
      • Number Of Buildings 2
      • Lot Size Area 1.49
      • Lot Size Acres 1.49
      • Utilities Natural Gas Connected
      • Waterfront Y/N false
    • Schools
      • High School District Wyoming

    Neighborhood

    49519 (Wyoming) Demographics

    32 Median Age
    3,474 Population Density (per sq. mile)
    35% College Educated
    $58,188 Estimated Median Income
    6,015 Estimated Total Home Owners
    4,650 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    28,262 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $300,000 Median Sales Price
    22 Homes Sold
    34 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $2,310,000
        9/12/2024 11:14:30 AM Status Changed Source: Multiple Listing Service New Value: Pending
        8/15/2024 10:15:00 AM New in Database Source: Multiple Listing Service New Value: $2,310,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Copyright 2024 MichRIC, LLC. All rights reserved.

        Information Deemed Reliable But Not Guaranteed. The firm operating this website does not display the entire MLS (or MichRIC) Broker Reciprocity database on this web site. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. Updated on 11/23/2024 5:15:04 AM PST. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.


        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.