1870 Prairie Parkway SW
$500,000
Description
1870 Prairie Parkway SW,
Wyoming,
MI
49519
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. 1860 Prairie Parkway SW is also for sale. See sister 4 unit listings.
This is an Pending listing.
Broker Office Phone Number: 616-890-7794
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Amenities
- Wall or Window Air Conditioner(s)
Listing By: MOXIE Real Estate + Development via Data Source: Michigan Regional Information Center, LLC.
Multi Family
Property type
Price History
| date | price | variance | type |
|---|
| 10/30/2024 | $500,000 | - | Contract |
| 8/27/2024 | $500,000 | - | Listed |
listing agent: Shawn Jacobs
