$2,600,000

2340 Banner Drive SW

Wyoming, MI 49509

Status: Sold

About this Home

Showings start 9-25 and all offers to be reviewed after 2pm on 9-30. Amazing totally turnkey 20 unit in quiet Wyoming setting. All Cap X is done - newer roofs, boilers, windows, parking lot and more. Most units remodeled. Tenants pay electric. Waitlist for units. There are nineteen - 2 bedroom/1 bath and one - 1 bedroom/1 bath. On-site laundry facilities. Monthly rent of over $24,000. There are 5 separately parceled 4 units around a central parking lot.

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2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509
2340 Banner Drive SW, Wyoming, MI 49509

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Details
Location Property Info
County: Kent
Street #: 2340
Street Name: Banner
Suffix: Drive
Post Direction: SW
State: MI
Zip Code: 49509
OfficeContract Info
Status: Sold
Current Price: $2,600,000
List Price: $2,800,000
Listing Date: 2024-09-17
General Property Info
Lot Measurement: Acres
Lot Square Footage: 58370
Lot Acres: 1.34
Lot Dimensions: Irregular
Year Built: 1978
New Construction: No
Financial Available: Yes
Cert of Compliance: Yes
Road Frontage: 273
Total # Units: 20
# of Diff Unit Floor Plans: 2
Total # Bldgs: 5
Total Parking Spaces: 44
Waterfront: No
School District: Godfrey-Lee
Tax Info
Tax ID #: 41-17-11-233-019
Taxable Value: 406944
SEV: 928200
For Tax Year: 2024
Seller's Annual Property Tax: 27348
Tax Year: 2023
Spec Assessment & Ty: NA
Zoning: 4 unit apts
Remarks Misc
Directions: 131 to Burton W to Clyde Park, S to Banner, W to property
Status Change Info
Under Contract Date: 2024-09-30
Sold Date: 2024-12-12
Sold Price: $2,600,000
Waterfront Options
Water Access Y/N: No
Access Feat
Accessibility Features: Yes
Unit 1
Unit #: 1
Unit Description: 2/1
Identical Units: 19
SqFt: 850
Occupied: Yes
Monthly Rent: 1210
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Unit 2
Unit #: 20
Unit Description: 1/1
SqFt: 750
Occupied: Yes
Monthly Rent: 1050
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Property Features
Accessibility Feat: No Step Entrance
Exterior Material: Aluminum Siding; Brick
Roofing: Composition
Substructure: Slab
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Natural Gas Connected
Util Avail at Street: Cable Available
Extras: Carports; Laundry Facility; Sep Electric Meter
Owner Pays: Gas; Sewer; Trash Collection; Water
Tenant Pays: Electric
Heat Source: Natural Gas
Heat Type: Hot Water
Air Conditioning: Wall Unit(s)
Driveway: Asphalt
Street Type: Paved
Terms Available: Cash; Conventional
Possession: Close Of Escrow
Sale Conditions: None

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