104 N Prairie Street, Lyons, MI 48851
Other
THB ฿33,237,377
USD $989,900
Published on: 28 Aug 2024
Last updated on: 02 Nov 2024
Property ID: 110094185202
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5+ Units - Lyons, MI
104 N Prairie Street, Lyons, MI 48851
Excellent business opportunity with 9.4% cap rate, $93,036 net operating income. Professionally appraised at $1,050,000. Renovated 2021 w/construction cost of 665k w/all new furnaces, hvac, water heaters, new kitchens w/shaker cabinets, new baths, new floor covering. Roof 2018 w/20 yrs warranty. Turn key very sharp units. All new appliances w/stainless steel stove, refrigerators, microwaves + in unit washer and dryers. Incredible all brick 1902 bank building . Lots of character w/safe, exposed brick, high ceilings, hardwood floors, arched windows. 7 one bedroom apts, 1 two bedroom apt, + commercial space leased to USPS. All tenants current. Renovation details and leases available upon request Lots of character w/safe, exposed brick, high ceilings, hardwood floors, arched windows. 7 one bedroom apts, 1 two bedroom apt, + commercial space leased to USPS. All tenants current. Renovation details and leases available upon request
Property Details
Basic Info
Outdoor Feature
Basic Info
Property Type
Other
Listing Status
Active
Land Size
687.97 m2
Year Built
1902
Architecture Style
Other
Building Unit Count
9
Franchise
RE/MAX International
County
Ionia
Parcel ID
081-090-000-590-00
Provider
RE/MAX of Grand Rapids
Brokerage Office Name
RE/MAX of Grand Rapids
Brokerage Office Phone
(616) 325-2960
Neighbourhoods
Grand Rapids - G
Address
104 N Prairie Street, Lyons, MI 48851
Nearby Schools
| Type | School name | District name |
|---|---|---|
| Elementary | Not available | Ionia |
| High | Not available | Ionia |
| Juniorhigh | Not available | Ionia |
| Middle | Not available | Ionia |
Tax History
| Year | Tax amount | |
|---|---|---|
| 2024 | USD $3304 | THB ฿110,937* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither thinkofliving.com nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. thinkofliving.com recommends that you independently verify any information before relying on it.
Contact Agent
Anthony Lewis
Contact Agent
Contact Agent
Email enquiry to RE/MAX of Grand Rapids (FH)
Anthony Lewis
4362 Cascade Road SE, Grand Rapids, MI 49546
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Property ID: 110094185202
Data provided by RE/MAX of Grand Rapids, MLS #: 24044899
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