2323 30th Street Sw
Wyoming,
MI
49519
Property Details
List Price: |
$2,310,000 |
Beds: |
-- |
Baths: |
-- |
Status: |
Active |
SqFt: |
-- |
Agency: |
MOXIE Real Estate + Development |
Agency Phone: |
(616) 890-7794 |
Description/Comments
Lot Size: |
1 acre(s) |
Property Type: |
Other-Other |
Year Built: |
1973 |
Notes: |
22 unit apartment building in a great location. All units are 2Br-1BA. There is coin-operated laundry and individual storage units, in each building. The electrical has individual meters and owner pays for heat (boiler), water/sewer and trash. Rents are well below market. Value add opportunity to increase rents to market as leases expire and implement a utility bill back/RUBS program to recapture some of the utility expense. This could be a great opportunity for your next cost segregation study or 1031 exchange. With limited true value add rental product and the possibility to build more units, makes this property an incredible value add opportunity. Buyer to verify feasibility with City if adding additional units is possible. |
MlsNumber: |
-- |
ListingId: |
24042565 |
Estimate Your Monthly Payment
Listing Provided By: |
MOXIE Real Estate + Development, original listing |
Phone: |
(616) 227-9744 |
Office Phone: |
(616) 890-7794 |
Agent Name: |
Shawn Jacobs |
Disclaimer: |
Copyright © 2024 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |