1860 Prairie Parkway SW

Home » All Multifamily Properties » Chicago & Midwest » 1860 Prairie Parkway SW

Address: 1860 Prairie Pkwy SW, Wyoming, MI 49519, USA

Chicago & Midwest + 2-4 Units

Created date: October 19, 2024

Date last updated: January 15, 2025

Property Description

4 unit apartment building in a great location. There are 3-2BR units and 1-1BR unit. There is coin-operated laundry and individual storage units. 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, house hack, rental investment or 1031 exchange. With limited true value add rental product on the market, it makes this property an incredible value add opportunity. 1870 Prairie Parkway SW is also for sale. See sister 4 unit listings.

Available

Request Information

Broker Details

Shawn Jacobs

MOXIE Real Estate + Development 616-890-7794 MLS ID: gjaco1297

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	2-4 Units
Price:	$482,000
No. of Units:	4
Year Built:	1967
Opportunity Zone:	No
Price per unit:	$120,500
Property Website	Click Here
Number of Bedrooms:	0
Number of Bathrooms:	0

Address: 1860 Prairie Parkway SW, Wyoming, MI 49519, USA

Provided by:

Standard Status: Active

MLS Listing Number: 24044856
ID: 3yd-GRARMI-24044856

Copyright Disclaimer: Copyright © 2025 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.