1123 Alger Street SW, Wyoming, MI 49509 (MLS# 24049471)
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
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.
More Information 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
Area: Grand Rapids - G
OfficeContract Info
Status: Sold
Current Price: $1,000,000
List Price: $1,200,000
Listing Date: 2024-09-18
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: 1
Total Approx. SqFt All Bldgs: 9600
Total Parking Spaces: 13
Waterfront: No
School District: Wyoming
Tax Info
Tax ID #: 41-17-11-252-034
Taxable Value: 115776
SEV: 213300
For Tax Year: 2024
Annual Property Tax: 8160
Tax Year: 2023
Spec Assessment & Ty: None
Zoning: R 3
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: $1,000,000
Sold Price/SqFt: 104.17
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
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 4
Unit Description: 2 Bed 1 Bath
SqFt: 880
Occupied: Yes
Monthly Rent: 982
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
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: Broadband; Cable Available; Electricity Available; 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
Last Updated: February - 19 - 2025
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