INVESTMENT OPPORTUNITY!!!Solid brick, 4unit apartment building for sale. Each unit consists of living room, kitchens, 2 bedrooms and full bath. All units are identical in layouts. This building is poised to bring in a yearly income. Separate electric and gas for each unit. One water meter for the building. This building is perfect for a buy and hold investor looking to start with a multi-family project in Detroit! Each unit has been freshly painted.Tenant occupied, do not disturb tenant. Showings and inspections will be scheduled only upon accepted offer.
Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
Water Source: Public (Municipal), Water at Street
Schools
School District: Detroit
Lot Info
Lot Size Area: 0.19
Lot Dimensions: 70.00 x 115.00
Parcel Number: W22I020551C2
Zoning: Multi-Family
Rental Info
Rent Includes: Water/Sewer, Snow Removal, Trash Collection, Water
Monthly Rental Income: 3252
Tax Info
Tax Amount Summer: 2319.0000
Tax Amount Winter: 254.0000
Total Tax: 2573.0000
Taxable Value: 27000.0000
Multi Family
Gross Scheduled Income: 39024.00
Number Of Units Total: 4
Number of Two Bedroom Units: 4
Number Of Units Leased: 3
MLS Schools
School District: Detroit
Ownership History
DateNameOwned ForOwner Type
Jun 2023 - PresentNine Green Flm Group Llc1 Year and 11 Months
Company
Purchase Details
Listed on
Mar 23, 2023
Closed on
Jun 19, 2023
Sold by
Wen Yvonne Lim Yi
Bought by
Nine Green Flm Group Llc
Seller's Agent
Joe Hammel
Keller Williams Somerset
Buyer's Agent
Angie Sierra
RE/MAX City Centre
List Price
$209,900
Sold Price
$203,000
Premium/Discount to List
-$6,900
-3.29%
Total Days on Market
86
Views
206
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.63%
Original Mortgage
$152,250
Outstanding Balance
$149,237
Interest Rate
6.57%
Mortgage Type
New Conventional
Estimated Equity
$97,453
May 2022 - Jun 2023Kim Yvonne1 Year and 1 Month
Private Individual
Purchase Details
Listed on
Apr 21, 2022
Closed on
May 18, 2022
Sold by
Olin Johnson
Bought by
Kim Yvonne
Seller's Agent
Joe Hammel
Keller Williams Somerset
Buyer's Agent
Michael Helfant
Keller Williams Somerset
List Price
$195,000
Sold Price
$191,000
Premium/Discount to List
-$4,000
-2.05%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.70%
Nov 2014 - May 2022Control Holdings Llc7 Years and 6 Months
Company
Purchase Details
Closed on
Nov 21, 2014
Sold by
United Cash Corp
Bought by
Control Holdings Llc
Jul 2012 - Nov 2014Cash Deal America2 Years and 4 Months
Private Individual
Purchase Details
Closed on
Jul 18, 2012
Sold by
Nambiar Jaywant and Nambiar Renuka
Bought by
Cash Deal America
Jul 2012 - Jul 2012United Cash LlcLess than a month
Company
Purchase Details
Closed on
Jul 2, 2012
Sold by
Cash Deal America
Bought by
United Cash Llc
Oct 2008 - Jul 2012Nambiar Jaywant3 Years and 9 Months
Private Individual
Purchase Details
Closed on
Oct 10, 2008
Sold by
Inland Empire Properties Llc
Bought by
Nambiar Jaywant
Jul 2002 - Oct 2008Hill Shantay T6 Years and 3 Months
Private Individual
Purchase Details
Closed on
Jul 26, 2002
Sold by
Hill Windall D
Bought by
Hill Shantay T
Map
Range of Values:
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Average Value
Not Available
List Price
Sold Price
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Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
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IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS Copyright 2025 Realcomp II Ltd. Shareholders IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393