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3385 Wallace Ct SW 8 Unit Apartment Building $1,366,861 CAD ($170,858 CAD/Unit) Grandville, MI 49418



Executive Summary
2 - 4 unit buildings on one Parcel
All 2 bedroom 1 bath
Common area coin op laundry (owned by property)
New siding, roofing, soffit & gutters on East building 2025
New soffit and gutter West building 2025 - New roof in 2019
New boiler systems and water heaters 2010 - Refurbished 2024
All 8 units Occupied
Currently monthly rent - $8300
All 2 bedroom 1 bath
Common area coin op laundry (owned by property)
New siding, roofing, soffit & gutters on East building 2025
New soffit and gutter West building 2025 - New roof in 2019
New boiler systems and water heaters 2010 - Refurbished 2024
All 8 units Occupied
Currently monthly rent - $8300
Property Facts
| Price | $1,366,861 CAD | Building Class | C |
| Price Per Unit | $170,858 CAD | Lot Size | 0.51 AC |
| Sale Type | Investment | Building Size | 2,912 SF |
| No. Units | 8 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1962 |
| Apartment Style | Low-Rise | ||
| Zoning | Commercial - Commercial Zoned District | ||
| Price | $1,366,861 CAD |
| Price Per Unit | $170,858 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 2,912 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Zoning | Commercial - Commercial Zoned District |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 8 | $1,511 CAD | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 41-17-17-226-005 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $358,818 CAD |
Property Taxes
Parcel Number
41-17-17-226-005
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$358,818 CAD
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Presented by
XL Wallace LLC
3385 Wallace Ct SW
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