Steven MalloyBig Rapids Realty, REALTOR®

231-218-4605

1860 Prairie Parkway SW, Wyoming, MI 49519

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$450,000
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  • Bedrooms  
  • Bathrooms  
  • SQ. FT.  
  • Schools Wyoming
  • County Kent
  • Township City of Wyoming
  • Above Grade Sq. Ft.  
  • Below Grade Sq. Ft.  
  • Bedrooms  
  • Bathrooms  
  • Basement Full, Other
  • Garage  
  • Acreage 0.29
  • Heat Type Hot Water
  • Central Air Window Unit(s)
  • Year Built 1967
  • Style  
  • Exterior  
  • Taxes 5197.14
  • SEV 195800
  • Zoning R-4
  • Parcel 41-17-15-254-003
  • Lot Size 82 X 150

Features

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.

Directions Burlingame South Of 28th Street To Prairie Parkway, West To Property
Listing Courtesy of Shawn Jacobs - MOXIE Real Estate + Development

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