NOT LISTED FOR SALE

19169 Lahser Rd Detroit, MI 48219

Berg-Lahser Neighborhood
24 Beds
20 Baths
15,390 Sq Ft
0.34 Acres

Last Sold February 08, 2024

Last sale price $850,000 $55 Per Sq Ft

257 Days on Market

About This Home

As of February 2024

Great investment opportunity, 13% plus cap rate! Renovated 2.5 story 20-unit brick apartment building with eleven 1-bed 1-bath, six 2-bed 1-bath and 2 studios situated on a 14,810 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

Samuel Abdoo

Abdoo Realty License #RCO-6501379390

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1971

Lot Details

  • 0.34 Acre Lot

Bedrooms and Bathrooms

  • 24 Bedrooms
  • 20 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Separate Meters

Additional Features

  • Basement

Community Details

  • 20 Units
  • Seven Mile Lahser Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 22113651-6

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,840

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Originating MLS: MiRealSource
  • Class: MULTIFAMILY
  • Type Of Property: Multi-Family
  • Structure Style: More Than 2 Stories
  • Total Tax Amount: 10840
  • Year Built: 1971
  • Mail City: Detroit
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Yes
  • Bedrooms: 24
  • Full Bathrooms: 20
  • Total Bathrooms: 20
  • Source of Sq Ft: 6110

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: 22113651-6
  • Lot Dimensions: 14810
  • Acreage: 0.34
  • Geo Subdivision: MI

Tax Info

  • Summer Tax: Year: 2022, Amount: $9,682.00
  • Winter Tax: Year: 2022, Amount: $1,158.00
  • Total Tax: Amount: $10,840.00

Multi Family

  • Total Units: 20

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 List to Sale Price per Sq Ft Prior Sale
02/08/2024 02/08/24 Sold $850,000 -2.9% $55 / Sq Ft
11/16/2023 11/16/23 Pending -- -- --
10/25/2023 10/25/23 For Sale $875,000 +2.9% $57 / Sq Ft
10/24/2023 10/24/23 Off Market $850,000 -- --
10/21/2023 10/21/23 Price Changed $875,000 -2.8% $57 / Sq Ft
07/25/2023 07/25/23 For Sale $900,000 +5.9% $58 / Sq Ft
07/24/2023 07/24/23 Off Market $850,000 -- --
06/22/2023 06/22/23 Price Changed $900,000 -10.0% $58 / Sq Ft
04/07/2023 04/07/23 Price Changed $1,000,000 -9.1% $65 / Sq Ft
03/04/2023 03/04/23 For Sale $1,100,000 +155.8% $71 / Sq Ft
09/12/2016 09/12/16 Sold $430,000 -4.4% $28 / Sq Ft View Prior Sale
09/07/2016 09/07/16 Pending -- -- --
09/06/2016 09/06/16 For Sale $450,000 -- $29 / Sq Ft
Source: Michigan Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Justin Zehel

    Seller's Agent in 2024

    Justin Zehel

    Keller Williams Paint Creek

    (586) 350-6689

    2 in this area

    60 Total Sales

    Justin Zehel
    Section Image
  • Samuel Abdoo

    Buyer's Agent in 2024

    Samuel Abdoo

    Abdoo Realty

    (313) 920-6318

    1 in this area

    43 Total Sales

    Samuel Abdoo
    Section Image

  • G

    Seller's Agent in 2016

    Glen Brown

    RE/MAX Dream Properties

    (734) 266-9000

    1 Total Sale

    Glen Brown
    Section Image

  • J

    Buyer's Agent in 2016

    Jamil makki

    Keller Williams Legacy

    (313) 970-0047

    15 Total Sales

    Jamil makki
    Section Image
See All Agents

Map

Source: Michigan Multiple Listing Service

MLS Number: 50102676

Michigan Multiple Listing Service
Michigan Wayne County Detroit 48219 Berg-Lahser

19169 Lahser Rd, Detroit, MI

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Michigan Multiple Listing Service Source MLS: MiRealSource
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