For Sale Multi-Family MLS# 26032644

1860 Prairie Parkway SW

Wyoming, MI 49519

$524,900

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Listing Office

Officemichigan-regional-information-center-llc-rsd logoMOXIE Real Estate + Development
AgentShawn Jacobs

About 1860 Prairie Parkway SW

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.

Property details

Property

Type
2 to 4 Units
MLS type
Multi Family Home
Status
Active
Year built
1967
Lot
0.2917
Original price
$537,500
MLS #
26032644

Interior

Features
Full, Other
Heating
Hot Water
Cooling
Window Unit(s)
Laundry
Laundry Room

Exterior & lot

Features
Parking spaces: 4
Construction
Brick
Roof
Composition

Schools

District
Wyoming Public Schools

Utilities

Utilities
Public Water, Natural Gas Connected, Electricity Connected, Cable Available, Electricity Available, Natural Gas Available
Water
Public Water

Financial

Financial
Michigan Regional Information Center (MichRIC)
Annual tax
$5,383
Tax year
2025
Parcel
41-17-15-254-003
Legal
LOT 23 EX W 1.5 FT * ROOSIEN ADDITION NO. 1

Location

County
Kent
Community
Wyoming
Directions
Burlingame South Of 28th Street To Prairie Parkway, West To Property

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Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.