NOT LISTED FOR SALE
22 Beds
16 Baths
15,106 Sq Ft
0.35 Acres

Last Sold September 18, 2023

Last sale price $725,000 $48 Per Sq Ft

152 Days on Market

Highlights

  • 1-Story Property
  • Cass Technical High School Rated 10
  • Forced Air Heating System

About This Home

As of September 2023

Renovated 2-story garden style 16-unit brick apartment building with twelve 1-bed 1-bath, two 2-bed 1-bath and two 3-bed 2-bath units situated on a 15,246 sf site with good curb appeal. Leases negotiable upside increase to market rents, current occupancy 100%. Boiler and roof updated, parking lot for tenants. Property manager in place or self-manage. Ideal opportunity for cash buyer or bank financing.

Last Agent to Sell the Property

Justin Zehel

Keller Williams Paint Creek License #MISPE-6501397844 Listed on: 03/04/2023

Keller Williams Paint Creek

Last Buyer's Agent

Irvin Gilliam

Luxury Home Enterprise LLC License #RCO-6501280130

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1963

Lot Details

  • 0.35

Bedrooms and Bathrooms

  • 22 Bedrooms
  • 16 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • 1-Story Property
  • 0.35 Acre Lot
  • Basement

Community Details

  • 16 Units
  • More Than One Legal Involved Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22113657.

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,224

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: 1 Story
  • Total Tax Amount: 12224.22
  • Year Built: 1963
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Basement: Yes
  • Bedrooms: 22
  • Full Bathrooms: 16
  • Total Bathrooms: 18
  • Half Bathrooms: 2

Exterior Features

  • Foundation Type: Basement

Utilities

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

Lot Info

  • Assessor Parcel Number: 22113657.
  • Lot Dimensions: 15246
  • Acreage: 0.35
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $10,917.61
  • Winter Tax: Year: 2022, Amount: $1,306.61
  • Total Tax: Amount: $12,224.22

Multi Family

  • Total Units: 16

MLS Schools

  • School District: Detroit City School District

Range of Values:

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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 List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $725,000 0.0% $48 / Sq Ft
08/03/2023 08/03/23 Pending -- -- --
07/25/2023 07/25/23 For Sale $725,000 0.0% $48 / Sq Ft
07/24/2023 07/24/23 Off Market $725,000 -- --
06/22/2023 06/22/23 Price Changed $725,000 -9.4% $48 / Sq Ft
04/24/2023 04/24/23 For Sale $800,000 0.0% $53 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/07/2023 04/07/23 Price Changed $800,000 -9.1% $53 / Sq Ft
03/04/2023 03/04/23 For Sale $880,000 -- $58 / 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: 50102675

Michigan Multiple Listing Service