bedrooms
0
bathrooms
0
square feet
0
Acreage
0.52
Open Houses
-
year built
1969
Full Baths
0
Half Baths
0
7 unit apartment building in a great location. With several Capex projects just completed, there are minimal capital expenditures needed. There are 6-2BR units and 1-3BR unit. Coin-operated laundry. The electrical is individually metered 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. 1860 & 1870 Prairie Parkway SW are also for sale, see sister 4 unit listings
Location | |
Subdivision | - |
County | Kent |
Elementary School | - |
Middle School | - |
High School | - |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 24045084
Listing agent:
Shawn Jacobs
Listing broker:
Moxie Real Estate + Development
(616) 890-7794
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Last update: Friday, January 17 2025 at 6:56 a.m. EST
Kotohomes National