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Key Details
Sold Price $471,000
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Sold
Purchase Type For Sale
Municipality City of Wyoming
MLS Listing ID 26010015
Sold Date 04/22/26
Year Built 1964
Annual Tax Amount $7,532
Tax Year 2025
Lot Size 0.394 Acres
Acres 0.37
Lot Dimensions 77x213
Property Sub-Type 2 to 4 Units
Source Michigan Regional Information Center (MichRIC)
Property Description
Well-maintained 4-unit investment property in Wyoming with a strong rental history and solid cash flow. Three of the four units are currently occupied, offering immediate income with additional upside through the remaining vacant unit.
The property features one 1-bedroom/1-bath unit and three 2-bedroom/1-bath units, along with ample off-street parking for tenants. A maintenance-free exterior and on-site laundry serviced by a third-party vendor help minimize owner involvement and simplify day-to-day operations.
The property is currently professionally managed by Qwest Property Management, and management services can continue for a buyer seeking a turnkey investment opportunity. This is a great opportunity for both seasoned investors and those looking to add a well-performing multi-family property to their portfolio.
Tenants are responsible for electric and trash. Landlord pays water, lawncare, electric house meter and gas for boiler/dryer.
Location
State MI
County Kent
Direction 28th Street to south on Taft. Property will be on your right.
Rooms
Basement Slab
Interior
Heating Baseboard, Radiant
Exterior
Parking Features Paved
Utilities Available Natural Gas Connected, Electricity Connected, Cable Connected
View Y/N No
Roof Type Composition
Street Surface Paved
Total Parking Spaces 8
Building
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Wyoming
Others
Tax ID 41-17-15-252-004
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Bellabay Realty LLC
Nearby Schools & Businesses
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