NOT LISTED FOR SALE
15 Beds
15 Baths
9,479 Sq Ft
10,019 Sq Ft Lot

Last Sold December 12, 2018

Last sale price $625,000 $66 Per Sq Ft

About This Home

As of December 2018

***ONE OF A KIND MULTI-FAMILY*** Looking for a great complex? Look no further! 15 units. Complex is getting great rent! 14.5% Cap rate! 12 one bedroom units Getting $600 - $650 per mo....and 3 studios getting $550 - $595 per mo.... Very little maintenance for a new owner! This complex has been 100% renovated! New windows, Hot water tanks, New carpet, New kitchens, New bathrooms, Freshly painted...etc. CASH BUYERS ONLY. This complex just received its 2 YEAR C of O from the city in April 2018! Parking in the back of the complex! MUST SEE

Last Agent to Sell the Property

Justin Zehel

Keller Williams Paint Creek License #MISPE-6501397844 Listed on: 12/06/2018

Keller Williams Paint Creek

Last Buyer's Agent

Justin Zehel

Keller Williams Paint Creek License #MISPE-6501397844 Listed on: 12/06/2018

Keller Williams Paint Creek

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1967

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 100x100x100x100

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 15 Full Bathrooms

Utilities

  • Separate Meters

Additional Features

  • Basement

Community Details

  • 15 Units
  • Frischkorns West Chicago Blvd Sub 1Plats Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22003097101

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,799

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Total Tax Amount: 2799
  • Year Built: 1967
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Bedrooms: 15
  • Full Bathrooms: 15
  • Total Bathrooms: 15
  • Estimated Sq Ft: 9479

Exterior Features

  • Foundation Type: Basement
  • Roads: Paved Street

Utilities

  • Water: Public Water
  • Fuel Type: Natural Gas
  • Separate Electric: Yes
  • Separate Gas: Yes
  • Separate Heat: Yes
  • Separate Water: Yes
  • Sewer/Septic System: Public Sanitary

Lot Info

  • Assessor Parcel Number: 22003097101
  • Location: Main Street
  • Lot Dimensions: 100x100x100x100
  • Acreage: 0.23
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2017, Amount: $488.00
  • Winter Tax: Year: 2017, Amount: $2,403.00
  • Total Tax: Amount: $2,799.00

Multi Family

  • Total Units: 15

MLS Schools

  • School District: Detroit City School District

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2018 12/12/18 Sold $625,000 +19.0% $66 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
12/06/2018 12/06/18 For Sale $525,000 -- $55 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Michigan Multiple Listing Service

MLS Number: 31366682

Michigan Multiple Listing Service