Properties for sale in Michigan

Overview

Description

Don't miss this exceptional investment opportunity! This well-maintained duplex in the desirable Wyoming School District offers spacious 3-bedroom, 2-bath units, each featuring a daylight basement, private deck, attached garage, and plenty of room to enjoy. One unit was extensively updated just one year ago with new flooring, fresh paint, updated light fixtures, new toilets, and a new dishwasher and stove, making it highly attractive to tenants. Situated on a large lot, this property has been well cared for and provides excellent rental potential. One unit is currently rented below market value, offering a great opportunity for increased cash flow with a future rent adjustment. Tenants are responsible for lawn maintenance and snow removal, helping keep owner expenses low. A solid investment with room for additional income!

Supplements: None

Location Property Info

County: Kent
Street #: 2572-2574
Street Name: Prairie
Suffix: Street
Post Direction: SW
State: MI
Zip Code: 49519

General Property Info

Lot Measurement: Acres
Lot Square Footage: 39360
Lot Acres: 0.9
Lot Dimensions: 192 X 205
Year Built: 1986
New Construction: No
Financial Comments: 0 Pts, 0 Reps.
Road Frontage: 192
Total # Units: 2
# of Diff Unit Floor Plans: 2
Total # Bldgs: Yes
Total Approx. SqFt All Bldgs: 1716
Total Parking Spaces: 4
Waterfront: No
School District: Wyoming
Association YN: No
Basement: Yes

Tax Info

Tax ID #: 410316426036
Taxable Value: 166271
SEV: 180500
For Tax Year: 2026
Seller's Annual Property Tax: 9681
Tax Year: 2026
Spec Assessment & Ty: N/A
Zoning: R-2
Homestead %: 0

Remarks Misc

Directions: Prairie Between Wentworth & Byron Center Ave.

Access Feat

Accessibility Features: No

More Information

Income and Expenses

Gross Op. Inc.: 37800

Unit 1

Unit #: Yes
Unit Description: 2572
SqFt: 1378
Occupied: Yes
Monthly Rent: 1400
Bathrooms: 2
Full Baths: 2
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Garage: Yes
Refrigerator: Yes

Unit 2

Unit #: 2
Unit Description: 2574
SqFt: 1378
Occupied: Yes
Monthly Rent: 1750
Bathrooms: 2
Full Baths: 2
Central Air: Yes
Deck/Patio: Yes
Dishwasher: Yes
Garage: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: Prairie and Wentworth
Property Sub-Type: 2 to 4 Units
Municipality: City of Wyoming
Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale
List Price/SqFt: 262.18

Remarks & Misc

Public Remarks: Don't miss this exceptional investment opportunity! This well-maintained duplex in the desirable Wyoming School District offers spacious 3-bedroom, 2-bath units, each featuring a daylight basement, private deck, attached garage, and plenty of room to enjoy. One unit was extensively updated just one year ago with new flooring, fresh paint, updated light fixtures, new toilets, and a new dishwasher and stove, making it highly attractive to tenants. Situated on a large lot, this property has been well cared for and provides excellent rental potential. One unit is currently rented below market value, offering a great opportunity for increased cash flow with a future rent adjustment. Tenants are responsible for lawn maintenance and snow removal, helping keep owner expenses low. A solid investment with room for additional income!
Legal: PART SE 1/4 COM 998.75 FT W ALONG E&W 1/4 LINE FROM E 1/4 COR TH S PAR WITH E SEC LINE 810.63 FT TH W PAR WITH N SEC LINE TO E 1/8 LINE TH N ALONG E 1/8 LINE TO E LINE OF FORMER NYC RR R/W /100 FT WIDE/ TH NLY ALONG SD RR R/W TO E&W 1/4 LINE TH E TO BEG EX S 3 A. & EX E 72.0 FT OF REMAINDER * SEC 16 T6N R12W 0.77 A.

Street Type

Paved: Yes

Util Avail at Street

None: Yes

Utilities Attached

Cable Connected: Yes
Electricity Connected: Yes
Natural Gas Connected: Yes

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

Unknown: Yes

Laundry Features

In Basement: Yes

Exterior Material

Vinyl Siding: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Forced Air: Yes

Air Conditioning

Central Air: Yes

Tenant Pays

Electric: Yes
Gas: Yes
Trash: Yes

Driveway

Paved: Yes

Substructure

Daylight: Yes

Extras

Garages: Yes

Owner Pays

Water: Yes

Possession

Subject To Tenant Rights: Yes

Property Features

Laundry Features: In Basement Exterior Material: Vinyl Siding Substructure: Daylight Sewer: Public Sewer Water: Public Water Utilities Attached: Cable Connected; Electricity Connected; Natural Gas Connected Util Avail at Street: None Extras: Garages Owner Pays: Water Tenant Pays: Electric; Gas; Trash Heat Source: Natural Gas Heat Type: Forced Air Air Conditioning: Central Air Driveway: Paved Street Type: Paved Mineral Rights: Unknown Terms Available: Cash; Conventional Possession: Subject To Tenant Rights Sale Conditions: None Unit 1: Central Air; Deck/Patio; Dishwasher; Garage; Refrigerator Unit 2: Central Air; Deck/Patio; Dishwasher; Garage; Refrigerator

2572-2574 Prairie Street SW, Wyoming, MI 49519