1860 Prairie Parkway SW, Wyoming, MI 49519
- $537,500
- List Price
- $537,500
- Days on Market
- 32
- MLS#
- 26032644
- Status
- ACTIVE
- Type
- Multifamily
Property Description
MOXIE Multifamily is pleased to exclusively offer this updated 4-unit apartment building for sale -- perfectly positioned for your next rental investment. The property features three 2-bedroom units and one 1-bedroom unit. Significant renovations include updated units, newer windows, new gutters, a new fence, and updated LED lighting, offering investors a well-maintained asset with reduced near-term capital expenditure needs. Additional amenities include coin-operated laundry and individual storage units. Electrical is individually metered; the owner currently covers heat (boiler), water/sewer, and trash. With rents below market, there is a clear value-add opportunity as leases expire. Implementing a RUBS program offers further upside by recapturing utility expenses. Whether you're seeking a house hack, 1031 exchange, cost segregation opportunity, or a solid rental investment -- this property checks all the boxes. Don't miss this great addition to your portfolio.
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Additional Information
- Owner Pays
- Gas, Sewer, Trash Collection, Water
- Taxes
- $5,383
- Acres
- 0.29
- Basement
- Full, Other
- Heating
- Hot Water
- Roofing
- Composition
- School District
- Wyoming
- Tenant Pays
- Electricity
- Total Parking Spaces
- 4
- Utilities
- Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
- Water
- Public Water
Mortgage Calculator
Listing courtesy of Listing Agent: Shawn Jacobs from Listing Office: MOXIE Real Estate + Development.
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