2340 Banner Drive SW, Wyoming, MI 49509

$2,600,000
Property Type: Multi Family Lot Size (sq. ft.): 58,370 Status: Sold
Current Price: $2,800,000 List Date: 9/17/2024 Last Modified: 12/12/2024

Overview

Description

Showings start 9-25 and all offers to be reviewed after 2pm on 9-30. Amazing totally turnkey 20 unit in quiet Wyoming setting. All Cap X is done - newer roofs, boilers, windows, parking lot and more. Most units remodeled. Tenants pay electric. Waitlist for units. There are nineteen - 2 bedroom/1 bath and one - 1 bedroom/1 bath. On-site laundry facilities. Monthly rent of over $24,000. There are 5 separately parceled 4 units around a central parking lot.

Listing Details MLS# 24049166

Location Property Info

County
Kent
Street #
2340
Street Name
Banner
Suffix
Drive
Post Direction
SW
State
MI
Zip Code
49509

General Property Info

Lot Measurement
Acres
Lot Square Footage
58370
Lot Acres
1.34
Lot Dimensions
Irregular
Year Built
1978
New Construction
No
Financial Available
Yes
Cert of Compliance
Yes
Road Frontage
273
Total # Units
20
# of Diff Unit Floor Plans
2
Total # Bldgs
5
Total Parking Spaces
44
Waterfront
No
School District
Godfrey-Lee
Basement
No

Tax Info

Tax ID #
41-17-11-233-019
Taxable Value
406944
SEV
928200
For Tax Year
2024
Seller's Annual Property Tax
27348
Tax Year
2023
Spec Assessment & Ty
NA
Zoning
4 unit apts
Homestead %
0

Remarks Misc

Directions
131 to Burton W to Clyde Park, S to Banner, W to property

Status Change Info

Under Contract Date
2024-09-30
Sold Date
2024-12-12

More Information

Waterfront Options

Water Access Y/N
No

Access Feat

Accessibility Features
Yes

Unit 1

Unit #
Yes
Unit Description
2/1
Identical Units
19
SqFt
850
Occupied
Yes
Monthly Rent
1210
Bathrooms
Yes
Full Baths
Yes

Unit 2

Unit #
20
Unit Description
1/1
SqFt
750
Occupied
Yes
Monthly Rent
1050
Bathrooms
Yes
Full Baths
Yes

Location & Property Info

Cross Streets
Clyde Park
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

Remarks & Misc

Legal
LL's in LO

Street Type

Paved
Yes

Util Avail at Street

Cable Available
Yes

Utilities Attached

Natural Gas Connected
Yes

Sewer

Public Sewer
Yes

Water

Public Water
Yes

Terms Available

Cash
Yes
Conventional
Yes

Exterior Material

Aluminum Siding
Yes
Brick
Yes

Roofing

Composition
Yes

Heat Source

Natural Gas
Yes

Sale Conditions

None
Yes

Heat Type

Hot Water
Yes

Air Conditioning

Wall Unit(s)
Yes

Accessibility Feat

No Step Entrance
Yes

Tenant Pays

Electric
Yes

Driveway

Asphalt
Yes

Substructure

Slab
Yes

Extras

Carports
Yes
Laundry Facility
Yes
Sep Electric Meter
Yes

Owner Pays

Gas
Yes
Sewer
Yes
Trash Collection
Yes
Water
Yes

Possession

Close Of Escrow
Yes

Property Features

Accessibility Feat: No Step Entrance Exterior Material: Aluminum Siding; Brick Roofing: Composition Substructure: Slab Sewer: Public Sewer Water: Public Water Utilities Attached: Natural Gas Connected Util Avail at Street: Cable Available Extras: Carports; Laundry Facility; Sep Electric Meter Owner Pays: Gas; Sewer; Trash Collection; Water Tenant Pays: Electric Heat Source: Natural Gas Heat Type: Hot Water Air Conditioning: Wall Unit(s) Driveway: Asphalt Street Type: Paved Terms Available: Cash; Conventional Possession: Close Of Escrow Sale Conditions: None
Listing Office: Compass Realty Services
Listing Agent: Allison V Koetsier
IDX
Last Updated: December - 12 - 2024
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.