NOT LISTED FOR SALE
14 Beds
7 Baths
3,024 Sq Ft
0.27 Acres

Last Sold October 03, 2014

Last sale price $166,500 $55 Per Sq Ft

152 Days on Market

Highlights

  • 0.27 Acre Lot
  • Cass Technical High School Rated 10
  • Garage

About This Home

As of October 2014

JUST LISTED! WON'T LAST DUE TO BEING A GREAT CASH FLOW OPPORTUNITY! AN INVESTOR'S DELIGHT! THE PRIVATE ENTRY 7 UNIT TOWNHOUSES EACH HAVE 2 UPPER BEDROOMS/1 BATH WITH LIVING ROOM,DINING ROOM,KITCHEN & A PRIVATE BASEMENT.PARKING SPACES IN REAR. THE ROOF IS NEWER AND NEWLY PAINTED ON THE INTERIOR. BUILDING HAS BEEN VERY WELL MAINTAINED!TENANTS RESPONSIBLE FOR HEAT,ELECTRIC AND THEIR APPLIANCES.FURNACES,SMOKE/FIRE DETECTOR SYSTEMS & BREAKER BOXES HAVE BEEN MAINTAINED AND UPDATED T/OUT THE YEARS OF OWNERSHIP. OWNERS HAVE OWNED THE UNITS FOR OVER 25 YEARS,THEY ARE NOW RETIRING. SOME TENANTS CONTINUE TO LIVE AT TOWNHOUSE FOR OVER 20 YEARS.LOCATED IN AN AREA WITH OTHER WELL MAINTAINED MULTI-FAMILY LIVING.BUS STOP A WALK AWAY FOR TENANTS. LOCAL RESTAURANTS,SHOPS AND BUSINESSES ARE ALSO IN WALKING DISTANCE. MUST SEE TO APPRECIATE!! Buyer responsible city inspection report & cert.

DO NOT APPROACH TENANTS! NO SIGN! PROOF OF FUNDS OR APPROVAL LENDER LETTER REQUIRED TO SHOW. SERIOUS BUYERS ONLY!!

Last Agent to Sell the Property

Tanji Grant

Keller Williams Advantage License #6501289763 Listed on: 04/11/2014

Keller Williams Advantage

Last Buyer's Agent

Tanji Grant

Keller Williams Advantage License #6501289763 Listed on: 04/11/2014

Keller Williams Advantage

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1952

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 105.00x110.44

Home Design

  • Brick Exterior Construction
  • Poured Concrete
  • Asphalt Roof

Interior Spaces

  • 7 Full Bathrooms
  • 3,024 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Parking

  • Garage
  • Unassigned Parking

Utilities

  • Gravity Heating System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Sewer in Street

Community Details

  • 7 Units
  • Amended Plat R Oakmans Turner & Ford Hwy Subdivision

Listing and Financial Details

  • Assessor Parcel Number W16I024019C23

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,875

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Townhouse
  • Architecture Level: 2 Story
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 7.00
  • Full Bathrooms: 7
  • Basement: Yes
  • Basement Type: Private, Unfinished
  • Sq Ft Combined: 3024
  • Total Sq Ft: 3024
  • Sq Ft Total Bsmt: 800

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exclusions: Yes
  • Foundation Materials: Poured
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Gravity, Separate Meters
  • Sewer: Sewer at Street, Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Detroit

Lot Info

  • List Price per Acre: 648148.1481
  • Lot Size Area: 0.27
  • Lot Dimensions: 105.00X110.44
  • Parcel Number: W16I024019C23
  • Zoning: Multi-Family

Rental Info

  • Rent Includes: Trash Collection (Garbage Pickup), Snow Removal, Yard Maintenance
  • Monthly Rental Income: 3620

Tax Info

  • Tax Amount Summer: 2664.0000
  • Tax Amount Winter: 211.0000
  • Total Tax: 2875.0000

Multi Family

  • Gross Scheduled Income: 44540.00
  • Number Of Units Total: 7
  • Number of Two Bedroom Units: 7
  • Number Of Units Leased: 7

MLS Schools

  • School District: Detroit

Range of Values:

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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
10/03/2014 10/03/14 Sold $166,500 -4.9% $55 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
04/11/2014 04/11/14 For Sale $175,000 -- $58 / 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: 214031603

Realcomp