$537,500

Active

1860 Prairie Parkway SW, Wyoming, MI 49519

0 baths

Lot: 0.29 acres
Built: 1967
Type: 2 To 4 Units
On market: 56 days

DescriptionShow

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.

Facts & features

Interior2

Bathrooms: 0
Basement: Full, Other

Heating, cooling & utilities3

Heating: Hot Water
Cooling / AC: Window Unit(s)
Utilities: Natural Gas Available, Electricity Available, Cable Available, Natural Gas Connected, Electricity Connected

Exterior & construction4

Lot size: 0.29 acres
Construction: Brick
Roof: Composition
Year built: 1967

Property details7

Type: OTHER
Sub-type: 2 to 4 Units
County: Kent
Parcel #: 41-17-15-254-003
Days on market: 56
MLS #: 26032644
Status: Active

District: Wyoming

No individual schools were listed for this home.

Assigned schools as entered by the listing agent. Attendance boundaries change — confirm with the district before relying on this.

Price & tax historyShow

$537,500

Listing courtesy of MOXIE Real Estate + Development · Shawn Jacobs