Wyoming, MI 49519-2678,1860 Prairie Parkway
Wyoming, MI 49519-2678,1860 Prairie Parkway
Wyoming, MI 49519-2678,1860 Prairie Parkway
Wyoming, MI 49519-2678,1860 Prairie Parkway
Wyoming, MI 49519-2678,1860 Prairie Parkway
Wyoming, MI 49519-2678,1860 Prairie Parkway
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$ 450,000
Est. payment | /mo

0.29 Acres Lot


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$ 450,000
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Mi

MLS Listing ID 24044856

Year Built 1967

Annual Tax Amount $5,197

Tax Year 2023

Lot Size 0.290 Acres

Acres 0.29

Lot Dimensions 82 X 150

Property Sub-Type Multi-Family

Property Description

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.

Location

State MI

County Kent

Area Wyoming (41041)

Rooms

Basement Other

Interior

Heating Hot Water

Exterior

Exterior Feature Brick

Building

Foundation Basement

Structure Type Brick

Schools

School District Wyoming Public Schools

Others

Energy Description Natural Gas

Financing Cash,Conventional

MiRealSource (MI RealSource (Lenawee /Saginaw/SE-Border/Gr Shiawassee/Upper Peninsula)
Listed by MOXIE Real Estate + Development
agent-avatar

"Professional service to our clients & customers is our #1 priority. With offices in Marinette,  Green Bay Wisconsin and Menominee, Michigan, Place Perfect Realty provides real estate services to Northeast Wisconsin and Upper Michigan."

+1(920) 956-9061

homes@placeperfect.com

2056 Maple Ave, Marinette, WI, 54143-1713, USA

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1860 Prairie Parkway