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1833 Prairie Pkwy SW

wyoming, MI 49519

$849,900

    Interested? Let's Connect

    7-unit apartment building offering a strong value-add opportunity with significant upside potential. Property is currently unoccupied, allowing for immediate access to complete renovations and lease units at market rents.The property would benefit from updates and improvements, making it well-suited for investors looking to reposition and stabilize an asset. Scope of improvements may vary depending on investor strategy.Previous rents ranged from $900-$1,500 per unit, with market rents estimated around $1,500 for 2-bedroom units and $1,800-$2,000 for the 3-bedroom unit.Located in an area with consistent rental demand, this property presents an excellent opportunity to increase income and build long-term value.Great option for both local and out-of-state investors looking to add to their portfolio. Sold as-is

    Details

    0.52 Private Acres Lot Size

    investment

    $876 Monthly Tax

    Built in 1969

    MLS/Listing ID 65026009302

    7 Units

    Amenities & Features

    Construction - Brick

    Cooling - Window Units

    Cooling - Wall Units

    Heating - Natural Gas

    Heating - Hot Water

    Parking - Paved

    Estimate my mortgage

    TOTAL MONTHLY COST

    $0

    • PRINCIPAL & INTEREST

      $0

    • PROPERTY TAXES

      $0

    • Common Charges

      $0

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