2939 Taft SW Avenue new Save Request In-Person Tour Request Virtual Tour
Wyoming,MI 49519
Key Details
Property Type Multi-Family
Sub Type 2 to 4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25052659
Year Built 1975
Annual Tax Amount $7,647
Tax Year 2025
Lot Size 0.370 Acres
Property Sub-Type 2 to 4 Units
Property Description
Owner occupied or pure investment opportunity! This well-maintained 4 unit, three 2bed/1bath apartments and one 1bec/1bath unit. Each unit offers functional layouts, bright living spaces, and great rental appeal. Separate electric meters for each tenant, with residents billed back for all other utilities. On-site coin laundry adds extra convenience & income potential. Inside the building, you'll find ample storage areas plus a 4-stall garage with updated doors and keycode access, perfect for tenants or additional rental income.
Current rents for Units A&B are $1,195/month, while freshly updated, rent-ready Units C&D offer incredible upside potential. With projected total income of $5,200-$5,400/month, this property delivers solid cash flow and long-term appreciation potential. Conveniently located near shops, restaurants, parks, and major highways—an investor's dream in a strong rental market! Showings Available 10/17-18 Fri&Sat 5-8pm, Open House Sun 10/19 2-4pm. Offers reviewed 10/2 at 8PM at 8PM
Location
State MI
County Kent
Area Grand Rapids - G
Interior
Heating Radiant
Cooling Window Unit(s)
Laundry Common Area,Laundry Room
Exterior
Parking Features Concrete,Driveway
Utilities Available Phone Available,Natural Gas Available,Electricity Available,Cable Available,Phone Connected,Natural Gas Connected,Electricity Connected,Storm Sewer
View Y/N No
Roof Type Composition
Building
Lot Description Sidewalk
Sewer Public Sewer
Structure Type Brick,Concrete
New Construction No
Schools
School District Wyoming
Others
Acceptable Financing VA Loan,FHA,Cash,Conventional
Listing Terms VA Loan,FHA,Cash,Conventional