1720 Porter Street SW, Wyoming, MI 49519

$1,850,000

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List Price
$1,850,000
Days on Market
2
MLS#
26038523
Status
ACTIVE
Type
Multifamily

Property Description

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.

Additional Information

Owner Pays
Gas, Sewer, Trash Collection, Water
Taxes
$16,017
Acres
0.72
Basement
Daylight
Heating
Baseboard
Roofing
Composition
School District
Wyoming
Tenant Pays
Electricity
Total Parking Spaces
24
Utilities
Natural Gas Connected, Electricity Connected, Cable Available
Water
Public Water

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Allison V Koetsier from Listing Office: Compass Realty Services.

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