1123 Alger Street SW, Wyoming, MI 49509 (MLS# 24049471)

1123 Alger Street SW, Wyoming, MI 49509

$1,000,000

This building is a jewel, well cared for. 1 Owner.

Nice dining area w/ patio. Indoor outdoor living.

Wonderful fully covered patio. "Can not" see a neighbor.

2nd floor stairs, 2 entry doors on each side of the building,

Living Rooms face the interior yard, carports and the wooded area to the north.

By design, all units are nearly identical.

New Hot Water Heater, Radiant Boiler heat.

Steel I-Beams, poured cement foundations, 2600 sq ft basement.

02-all_floors_1141_alger_street_southwes

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

Cross Streets: DeHoop Property Sub-Type: 5+ Units Municipality: City of Wyoming Ownership Type: Private Owned

Office/Contract Info

Auction or For Sale: For Sale List Price/SqFt: 125

General Property Info

New Construction: No Lot Dimensions: 200 X 123 Financial Available: No Financial Comments: Cash or Conventional. No LC. Road Frontage: 200 Cert of Compliance: Yes Cert. of Compliance Exp Date: 2025-12-31 Waterfront: No Basement: Yes Total # Units: 8 # of Diff Unit Floor Plans: 2 Total # Bldgs: 1 Total Approx. SqFt All Bldgs: 9600 Total Parking Spaces: 13 School District: Wyoming Lot Measurement: Acres Lot Square Footage: 26136 Lot Acres: 0.6 Year Built: 1968

Tax Info

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

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.

Status Change Info

Sold Price/SqFt: 104.17 Under Contract Date: 2024-10-16 Sold Date: 2024-12-10 Sold Price: $1,000,000

Waterfront Options

Water Access Y/N: No

Lot Description

Corner Lot: 1

Street Type

Paved: 1

Util Avail at Street

Cable Available: 1 Electricity Available: 1 High Speed Internet: 1 Natural Gas Available: 1 Phone Available: 1 Public Sewer: 1 Public Water: 1 Storm Sewer: 1

Utilities Attached

Cable Connected: 1 Electricity Connected: 1 Natural Gas Connected: 1 Phone Connected: 1

Sewer

Public Sewer: 1

Water

Public Water: 1

Terms Available

Cash: 1 Conventional: 1

Mineral Rights

No: 1

Laundry Features

In Basement: 1

Exterior Material

Brick: 1 Concrete: 1

Roofing

Composition: 1

Heat Source

Natural Gas: 1

Sale Conditions

None: 1

Heat Type

Radiant: 1

Air Conditioning

Wall Unit(s): 1

Access Feat

Accessibility Features: No

Tenant Pays

Electric: 1

Driveway

Asphalt: 1 Paved: 1

Substructure

Full: 1

Extras

Carports: 1 Laundry Facility: 1 Tenant Storage: 1

Owner Pays

Gas: 1 Sewer: 1 Water: 1

Unit 1

Unit #: 4 Unit Description: 1 Bed SqFt: 790 Occupied: Yes Monthly Rent: 825 Bedrooms: 2 Bathrooms: 1 Full Baths: 1 A/C Unit: 1 Carport: 1 Deck/Patio: 1 Range Oven: 1 Refrigerator: 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 A/C Unit: 1 Carport: 1 Deck/Patio: 1 Range/Oven: 1 Refrigerator: 1

Possession

Close Of Escrow: 1

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

Remarks Misc

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

Income and Expenses

Operating Expense: 31600

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

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.