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: $1,000,000 List Date: 9/19/2024 Last Modified: 2/19/2025

Overview

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.

Listing Details 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

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: Yes
Total Approx. SqFt All Bldgs: 9600
Total Parking Spaces: 13
Waterfront: No
School District: Wyoming
Basement: Yes

Tax Info

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

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/SqFt: 104.17

More Information

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
Bathrooms: Yes
Full Baths: Yes
A/C Unit: Yes
Carport: Yes
Deck/Patio: Yes
Range Oven: Yes
Refrigerator: Yes

Unit 2

Unit #: 4
Unit Description: 2 Bed 1 Bath
SqFt: 880
Occupied: Yes
Monthly Rent: 982
Bathrooms: Yes
Full Baths: Yes
A/C Unit: Yes
Carport: Yes
Deck/Patio: Yes
Range/Oven: Yes
Refrigerator: Yes

Location & Property Info

Cross Streets: DeHoop
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
List Price/SqFt: 125

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.

Lot Description

Corner Lot: Yes

Street Type

Paved: Yes

Util Avail at Street

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

Utilities Attached

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

Sewer

Public Sewer: Yes

Water

Public Water: Yes

Terms Available

Cash: Yes
Conventional: Yes

Mineral Rights

No: Yes

Laundry Features

In Basement: Yes

Exterior Material

Brick: Yes
Concrete: Yes

Roofing

Composition: Yes

Heat Source

Natural Gas: Yes

Sale Conditions

None: Yes

Heat Type

Radiant: Yes

Air Conditioning

Wall Unit(s): Yes

Tenant Pays

Electric: Yes

Driveway

Asphalt: Yes
Paved: Yes

Substructure

Full: Yes

Extras

Carports: Yes
Laundry Facility: Yes
Tenant Storage: Yes

Owner Pays

Gas: Yes
Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes

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

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