2939 Taft Avenue SW, Wyoming, MI 49519

$515,000

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Sold Price
$515,000
List Price
$499,900
Closing Date
Nov 03, 2025
Days on Market
10
MLS#
25052659
Status
SOLD
Type
Multifamily
Neighborhood
Grand Rapids - G

Property Description

Owner occupied or pure investment opportunity! This well-maintained 4 unit, three 2bed/1bath apartments and one 1bec/1bath unit. Each unit offers functional layouts, bright living spaces, and great rental appeal. Separate electric meters for each tenant, with residents billed back for all other utilities. On-site coin laundry adds extra convenience & income potential. Inside the building, you'll find ample storage areas plus a 4-stall garage with updated doors and keycode access, perfect for tenants or additional rental income. Current rents for Units A&B are $1,195/month, while freshly updated, rent-ready Units C&D offer incredible upside potential. With projected total income of $5,200-$5,400/month, this property delivers solid cash flow and long-term appreciation potential. Conveniently located near shops, restaurants, parks, and major highways—an investor's dream in a strong rental market! Showings Available 10/17-18 Fri&Sat 5-8pm, Open House Sun 10/19 2-4pm. Offers reviewed 10/2 at 8PM

Additional Information

Owner Pays
None
Taxes
$7,647
Acres
0.37
Basement
Daylight, Full
Heating
Radiant
Roofing
Composition
School District
Wyoming
Sewer
Public Sewer
Tenant Pays
Electricity, Gas, Sewer, Trash Collection, Water, None
Total Parking Spaces
4
Utilities
Natural Gas Connected, Phone Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available, Storm Sewer, Phone Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Casity H Kao from Listing Office: Keller Williams GR East.

Selling Agent: Selling Office: .

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