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Jessica A Wilson

jannewilsonrealtor@gmail.com +1(313) 399-5605

$ 524,900

Est. payment | -/mo

0.29 Acres Lot

Save

$ 524,900

Est. payment | -/mo

Save

0.29 Acres Lot

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 65026032644

Year Built 1967

Lot Size 0.290 Acres

Acres 0.29

Property Sub-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.

Location

State MI

County Kent

Area Area41171Wyoming

Rooms

Basement Full

Interior

Interior Features Storage

Heating Hot Water, Natural Gas

Cooling Window Unit(s)

Fireplace No

Laundry CommonArea, LaundryRoom

Exterior

Parking Features Carport, SharedDriveway

Utilities Available ElectricityConnected, NaturalGasConnected

View Y/N No

Roof Type Composition

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Wyoming

Others

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Listed by Shawn Jacobs of MOXIE Real Estate + Development

Schools and Properties Nearby

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(313) 399-5605

jannewilsonrealtor@gmail.com

6838 Park Ave, Allen Park, MI 48101-2036, USA

Learn More About LPT Realty

1860 Prairie Pkwy SW City Of Wyoming, MI 49519