Wyoming, MI 49519,2323 30th SW Street
Wyoming, MI 49519,2323 30th SW Street
Wyoming, MI 49519,2323 30th SW Street
Wyoming, MI 49519,2323 30th SW Street
Wyoming, MI 49519,2323 30th SW Street
Wyoming, MI 49519,2323 30th SW Street
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$ 2,310,000
Est. payment | /mo

1.49 Acres Lot


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$ 2,310,000
Est. payment | /mo
Save

1.49 Acres Lot

Key Details

Property Type Multi-Family

Sub Type 5+ Units

Listing Status Pending

Purchase Type For Sale

Municipality City of Wyoming

MLS Listing ID 24042565

Year Built 1973

Annual Tax Amount $30,357

Tax Year 2023

Lot Size 1.485 Acres

Acres 1.49

Lot Dimensions 0 X 0

Property Description

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.

Location

State MI

County Kent

Area Grand Rapids - G

Direction S Off 28th St On Byron Center; E On 30th

Rooms

Basement Other

Interior

Heating Hot Water

Cooling Wall Unit(s)

Fireplaces Number 2

Laundry Common Area, Gas Dryer Hookup, Laundry Room

Exterior

Utilities Available Phone Available, Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected, Water Available, Sewer Available

Waterfront No

View Y/N No

Roof Type Composition

Total Parking Spaces 35

Building

Sewer Public Sewer

Structure Type Brick,Vinyl Siding

New Construction No

Schools

School District Wyoming

Others

Tax ID 41-17-15-103-024

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by MOXIE Real Estate + Development

GET MORE INFORMATION

Shyanne Queen

Associate Broker/Team Lead | License ID: 6506049089

+1(616) 610-2005 | shyannesoldit@gmail.com

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