1123 Alger Street SW, Wyoming, MI 49509

$1,000,000
Property Type: Multi Family Lot Size (sq. ft.): 26,136 Status: Sold
Current Price: $1,200,000 List Date: 9/19/2024 Last Modified: 2/19/2025

Overview

Description

1st time on the market w/this 1 owner Chicago Brick 8 Unit was Constructed in 1968. Features 8 units. 4 - 2 Bed-1 Bath units, 4 -1 Bed-1 Bath units. All units have a covered balcony, each unit offers storage in the 'full basement', coin operated washer/dryers, Each units offers electric range, tub/shower, a/c, radiant/boiler, great apartment space/layout 'floor plans' with the 'private' balcony. Interior access, stairs to each level. 2 Bed nearly 900 sq ft, 1 Bedroom nearly 800 sq ft. Carport, nice yard, very quiet street near Pinery Park, Wyoming City Hall, Police Department, 28th St. and all highways. Easy living location. Excellent location, wonderful condition, perfect investment.

Listing Details MLS# 24049471

Location Property Info

County
Kent
Street #
1123
Street Name
Alger
Suffix
Street
Post Direction
SW
State
MI
Zip Code
49509
Zip (4)
1864

General Property Info

Lot Measurement
Acres
Lot Square Footage
26136
Lot Acres
0.6
Lot Dimensions
200 X 123
Year Built
1968
New Construction
No
Financial Available
No
Financial Comments
Cash or Conventional. No LC.
Cert of Compliance
Yes
Cert. of Compliance Exp Date
2025-12-31
Road Frontage
200
Total # Units
8
# of Diff Unit Floor Plans
2
Total # Bldgs
Yes
Total Approx. SqFt All Bldgs
9600
Total Parking Spaces
13
Waterfront
No
School District
Wyoming
Basement
Yes

Tax Info

Tax ID #
41-17-11-252-034
Taxable Value
115776
SEV
213300
For Tax Year
2024
Seller's Annual Property Tax
8160
Tax Year
2023
Spec Assessment & Ty
None
Zoning
R 3
Homestead %
0

Remarks Misc

Directions
28th St to DeHoop N East on Alger St, last building on the N side or Alger.

Status Change Info

Under Contract Date
2024-10-16
Sold Date
2024-12-10
Sold Price/SqFt
104.17

More Information

Waterfront Options

Water Access Y/N
No

Access Feat

Accessibility Features
No

Income and Expenses

Operating Expense
31600

Unit 1

Unit #
4
Unit Description
1 Bed
SqFt
790
Occupied
Yes
Monthly Rent
825
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Carport
Yes
Deck/Patio
Yes
Range Oven
Yes
Refrigerator
Yes

Unit 2

Unit #
4
Unit Description
2 Bed 1 Bath
SqFt
880
Occupied
Yes
Monthly Rent
982
Bathrooms
Yes
Full Baths
Yes
A/C Unit
Yes
Carport
Yes
Deck/Patio
Yes
Range/Oven
Yes
Refrigerator
Yes

Location & Property Info

Cross Streets
DeHoop
Property Sub-Type
5+ Units
Area
Grand Rapids - G
Municipality
City of Wyoming
Ownership Type
Private Owned

Office/Contract Info

Auction or For Sale
For Sale
List Price/SqFt
125

Remarks & Misc

Legal
S 200 FT OF THAT PART OF E 1/2 W 1/2 W 1/2 NE 1/4 LYING W OF W LINE OF NEWSTEAD AVE /60 FT WIDE/ * SEC 11 T6N R12W 0.60 A.

Lot Description

Corner Lot
Yes

Street Type

Paved
Yes

Util Avail at Street

Cable Available
Yes
Electricity Available
Yes
High Speed Internet
Yes
Natural Gas Available
Yes
Phone Available
Yes
Public Sewer
Yes
Public Water
Yes
Storm Sewer
Yes

Utilities Attached

Cable Connected
Yes
Electricity Connected
Yes
Natural Gas Connected
Yes
Phone Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Mineral Rights

No
Yes

Laundry Features

In Basement
Yes

Exterior Material

Brick
Yes
Concrete
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Radiant
Yes

Air Conditioning

Wall Unit(s)
Yes

Tenant Pays

Electric
Yes

Driveway

Asphalt
Yes
Paved
Yes

Substructure

Full
Yes

Extras

Carports
Yes
Laundry Facility
Yes
Tenant Storage
Yes

Owner Pays

Gas
Yes
Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Laundry Features: In Basement Exterior Material: Brick; Concrete Roofing: Composition Substructure: Full Lot Description: Corner Lot Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected; Phone Connected Util Avail at Street: Cable Available; Electricity Available; High Speed Internet; Natural Gas Available; Phone Available; Public Sewer; Public Water; Storm Sewer Extras: Carports; Laundry Facility; Tenant Storage Owner Pays: Gas; Sewer; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Radiant Air Conditioning: Wall Unit(s) Driveway: Asphalt; Paved Street Type: Paved Mineral Rights: No Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None Unit 1: A/C Unit; Carport; Deck/Patio; Range Oven; Refrigerator Unit 2: A/C Unit; Carport; Deck/Patio; Range/Oven; Refrigerator
Listing Office: Coldwell Banker Schmidt Realtors
Listing Agent: Todd Roesler
IDX
Last Updated: February - 19 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of MICHRIC , and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.