1833 Prairie Parkway SW, Wyoming, MI 49519
- Bedrooms
- Bathrooms
- SQ. FT.
- Schools Wyoming
- County Kent
- Township City of Wyoming
- Above Grade Sq. Ft.
- Below Grade Sq. Ft.
- Bedrooms
- Bathrooms
- Basement Full
- Garage
- Acreage 0.52
- Heat Type Hot Water
- Central Air Wall Unit(s), Window Unit(s)
- Year Built 1969
- Style
- Exterior
- Taxes
- SEV 256300
- Zoning R-4
- Parcel 41-17-15-253-011
- Lot Size NA
Features
7-unit apartment building offering a strong value-add opportunity with significant upside potential. Property is currently unoccupied, allowing for immediate access to complete renovations and lease units at market rents.
The property would benefit from updates and improvements, making it well-suited for investors looking to reposition and stabilize an asset. Scope of improvements may vary depending on investor strategy.
Previous rents ranged from $900-$1,500 per unit, with market rents estimated around $1,500 for 2-bedroom units and $1,800-$2,000 for the 3-bedroom unit.
Located in an area with consistent rental demand, this property presents an excellent opportunity to increase income and build long-term value.
Great option for both local and out-of-state investors looking to add to their portfolio. Sold as-is
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