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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

Property Facts

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 -
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
41-17-17-226-005
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$358,818 CAD
  • Listing ID: 40601472

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 3385 Wallace Ct SW, Grandville, MI 49418

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