1860, Prairie, Wyoming, MI, 49519
$500,000
Basics
- Date added: Added 1 month ago
- Category: Multi-Family
- Type: 2 to 4 Units
- Status: Active
- Bathrooms: 0
- Lot size: 0.29 sq ft
- Year built: 1967
- Lot Size Acres: 0.29 acres
- County: Kent
- MLS ID: 24044856
Description
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Description:
4 unit apartment building in a great location. There are 3-BR 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.
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Location
- Directions: Burlingame South Of 28th Street To Prairie Parkway, West To Property
Building Details
Amenities & Features
- Parking Total: 4
- Utilities: Cable Available, Natural Gas Connected, Electricity Connected
- Fireplaces Total: 1
- Cooling: Window Unit(s)
Fees & Taxes
- Tax Assessed Value: $83,892
- Tax Year: 2023
- Tax Annual Amount: $5,197.14
School Information
- High School District: Wyoming
Miscellaneous
- CrossStreet: Taft Ave SW
- Owner Pays: Trash Collection, Water, Sewer, Gas
- Listing Terms: Cash, Conventional
- Tenant Pays: Electric
Ask an Agent About This Home
This 2 to 4 Units style property is located in is currently Multi-Family and has been listed on Tucker Benner Realty - Our Michigan Home. This property is listed at $500,000. It has bedrooms, 0 baths bathrooms, and is . The property was built in 1967 year.