1860 Prairie Parkway SW, Wyoming, MI 49519 Schools
1860 Prairie Parkway SW, Wyoming, MI 49519 Walk Score
1860 Prairie Parkway SW Wyoming, MI 49519
$450,000 (Pending)
Sq. Ft.: N/A
Type: House
Listing # 24044856
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. 1870 Prairie Parkway SW is also for sale. See sister 4 unit listings.
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. 1870 Prairie Parkway SW is also for sale. See sister 4 unit listings.
Property Details
Location Information+
County
Kent
Cross Street
Taft Ave SW
Latitude
42.908253
Longitude
---
Municipality
City of Wyoming
Directions
Burlingame South Of 28th Street To Prairie Parkway, West To Property
Interior Features+
Bathrooms on Levels
Bathrooms on Main Level
Has Fireplace
Yes
Heating
Hot Water
Basement Description
Full, Other
Has Basement
Yes
Tenant Pays
Electric
Total Number of Units
4
Exterior Features+
Construction
Brick
Utilities
Cable Available, Natural Gas Connected, Electricity Connected