$900,000 For Sale

1833 Prairie Parkway
Wyoming, MI 49519

7 units | Multi Family Home
0.523 acres - MLS# 26009302
Property Photo
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Description

Welcome to your next investment. This 7 Unit apartment building is perfectly situated in the heart of Wyoming. There are (6)2BR units and (1)3BR unit. Coin-operated laundry. Significant value-add opportunity with rents currently below market. Two vacant units provide immediate upside potential. This is a great opportunity for a solid investment. Don't wait, properties like this do not come up often.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family
  • Listing Status: Active
  • County/Area: Kent County
  • Zip Code: 49519
  • Year Built: 1969
  • School District: Wyoming
  • Units: 7 units
  • Basement: Full, Yes, Yes
  • # of Parking Spaces: 10
  • Lot Size: 0.523 acres
  • Construction Materials: Brick
  • Cooling: Wall Unit(s), Window Unit(s)
  • Cross Street: Taft Ave SW
  • Driveway: Paved
  • Extras: Sep Electric Meter
  • Heat Source: Natural Gas
  • Heat Type: Hot Water
  • Heating: Hot Water
  • Lot Size Area: 0.52
  • Lot Size Square Feet: 22782
  • Lot Size Units: Acres
  • Main Type: Multi Family
  • Number Of Buildings: 1
  • Number Of Diff Unit Floor Plans: 7
  • Owner Pays: Sewer, Trash Collection, Water
  • Ownership: Private Owned
  • Parcel Number: 41-17-15-253-011
  • Parking Features: Paved
  • Possession: Close Of Escrow, Subject To Tenant Rights
  • SEV: 256300
  • Sewer: Public Sewer
  • Tax Annual Amount: 10516
  • Tax Legal Description: See attached
  • Tax Year: 2025
  • Tenant Pays: Electricity, Gas
  • Terms Available: Cash, Conventional
  • Township: City of Wyoming
  • Util Availat Street: Cable Available
  • Utilities: Natural Gas Connected, Electricity Connected, Cable Available
  • Water Source: Public Water
  • Zoning Description: R-4
Courtesy of Jose L Morales, Epique Realty
Source: Michigan Regional Information Center (MichRIC)
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