Courtesy of Compass Realty Services, Allison Koetsier
1720 Porter Street SW, Wyoming, Michigan, 49519
0.72 Acres
5 bd
#26038523
Turn-key 14-unit brick apartment building in Wyoming! Features 13 two-bedroom/one-bath units and 1 three-bedroom/one-bath unit, generating just under $18,000/month in rental income. Professionally managed with separately metered electric, updated and well-maintained units, newer boiler, 14 carports, 2-stall owner garage/storage, and coin-operated laundry. Strong cash flow, low-maintenance brick construction, and a history of quality upkeep make this an outstanding addition to any investment portfolio.
PROPERTY FEATURES
- Utilities : Natural Gas Available, Cable Available, Natural Gas Connected, Electricity Connected
- Water Source : Public
- Sewer : Public Sewer
- Community Features : Sidewalks
- Parking Features: Asphalt, Driveway
- Parking Total: 24
- Zoning Description : Res
- Cooling on Property:
- Cooling: Window Unit(s)
- Heating on Property:
- Heating : Natural Gas, Baseboard
- Construction Materials: Brick, Wood Siding
- Roof: Composition
- Road Surface Type: Paved
- Basement Description : Daylight
- Laundry Features : Common Area, Lower Level
PROPERTY DETAILS
ID: 26038523
Status: Active
Price: $1,775,000
Acres: 0.72 Acres
Price Per Acre: $2,465,278
Type: Multi-family
Address: 1720 Porter Street SW
City, State: Wyoming, Michigan
County: Kent
Zip Code: 49519
Lat/Long: 42.92059, -85.708767
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