NOT LISTED FOR SALE
12 Beds
8 Baths
6,400 Sq Ft
8,276 Sq Ft Lot

Last Sold November 21, 2022

Last sale price $375,000 $59 Per Sq Ft

84 Days on Market

Highlights

  • Balcony
  • Baseboard Heating
  • Laundry Facilities
  • Cass Technical High School Rated 10
  • Private Entrance

About This Home

As of November 2022

HIGHEST AND BEST DUE BY 5PM MONDAY 11/14. Excellent opportunity to own this very well maintained 8 unit building in Northeast Detroit. (4) One bedroom units and (4) Two bedroom units. Great location. Separate Electricity Meters. Rent includes-Water and Heat. Close to shopping and freeways. Updates include: Roof-2020, Hot Water Tank-2021, 2nd Floor Balcony Reinforcement.

Last Listed By

Jolene Jacobs

Good Company License #6501393842 Listed on: 08/19/2022

Good Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1963

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 90.00 x 90.00
  • Private Entrance

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 8 Full Bathrooms
  • 6,400 Sq Ft Home
  • 2-Story Property

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Basement Storage

Parking

  • 8 Parking Spaces
  • Paved Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Common Area

Outdoor Features

  • Balcony
  • Exterior Lighting

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number W21I057041C5

Community Details

Overview

  • 8 Units
  • Ternes Superhighway Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,949

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 100.00
  • Year Built: 1963
  • State Equalized Value: 110400.0000
  • Accessibility Features: Common Area
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement: Yes
  • Basement Type: Unfinished, Common Storage Locker, Common, Private
  • Sq Ft Combined: 6400
  • Total Sq Ft: 6400
  • Sq Ft Total Bsmt: 3500

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Lighting, Private Entry
  • Foundation Materials: Block
  • Frontage Feet: 90
  • Porch Type: Balcony
  • Road Frontage Type: Paved, Pub. Sidewalk
  • Sideof Street: W

Garage/Parking

  • MF Parking: Assigned Spaces, Paved
  • Total Parking Spaces: 8

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Wall Unit(s)
  • Heating: Baseboard, Hot Water
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Fee Information

  • Operating Expense: 20000.00

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.19
  • Lot Dimensions: 90.00 x 90.00
  • Parcel Number: W21I057041C5
  • Zoning: Commercial, Multi-Family

Rental Info

  • Rent Includes: Heat, Water/Sewer, Water
  • Monthly Rental Income: 5020

Tax Info

  • Tax Amount Summer: 7078.0000
  • Tax Amount Winter: 871.0000
  • Total Tax: 7949.0000
  • Taxable Value: 92063.0000

Multi Family

  • Gross Scheduled Income: 60240.00
  • Number Of Units Total: 8
  • Number of One Bedroom Units: 4
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 8

MLS Schools

  • School District: Detroit

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
11/21/2022 11/21/22 Sold $375,000 0.0% $59 / Sq Ft
11/12/2022 11/12/22 Pending -- -- --
11/09/2022 11/09/22 Price Changed $375,000 +7.2% $59 / Sq Ft
08/19/2022 08/19/22 For Sale $349,900 -- $55 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20221031567

Realcomp

APN: 21-057041-5