Randy LaPrezeBig Rapids Realty, REALTOR®

231-349-1395

1860 Prairie Parkway SW, Wyoming, MI 49519

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$537,500
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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  
  • SEV 212100
  • Zoning R-4
  • Parcel 41-17-15-254-003
  • Lot Size 2 X 150

Features

MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment.
The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs.

Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash.

With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses.

Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.

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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