NOT LISTED FOR SALE
14 Beds
8 Baths
7,860 Sq Ft
1900 Built

Last Sold December 01, 2015

Last sale price $320,000 $41 Per Sq Ft

121 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Ceiling Fan
  • High Speed Internet
  • Forced Air Heating and Cooling System
  • Garage
  • 2-minute walk to West Road Pocket Park

About This Home

As of December 2015

8 UNIT APARTMENT FULLY RENTED ON A CORNER LOT IN DOWNTOWN TRENTON ON RIVERSIDE DRIVE. ONLY 2 BLOCKS TO ELIZABETH PARK. EACH UNIT HAS IT'S OWN ELECTRIC & GAS METERS. ALL UNITS HAVE 40 GALLON WATER HEATERS. 4 UNITS HAVE CENTRAL AIR. 4 UNITS HAVE WINDOW AIR CONDITIONERS. 6 UNITS HAVE WASHERS & DRYERS. 3 UNITS HAVE DISHWASHERS. THE OWNERS UNIT WHICH IS CURRENTLY RENTED HAS BEEN UPDATED WITH GRANITE COUNTERS IN KITCHEN & OAK CABINETS, UPDATED BATH WITH MAHOGANY CABINETS, RECESSED LIGHTING AND HAS 2 EXTERIOR DOORS. THERE IS A 2 CAR GARAGE WITH ELECTRIC THAT IS RENTED AS WELL. A SHED FOR STORAGE. TENANTS PAY FOR THEIR OWN ELECTRIC AND GAS. LANDLORD PAYS FOR THE WATER. NEED 48 HOUR NOTICE TO SHOW. HOURS OF SHOWING ARE BETWEEN 10:00 AM AND 3:00 PM EXCEPTIONS CAN BE MADE. SEE ATTACHED INFORMATION SHEET WITH BREAKDOWN OF EACH UNIT. NO LAND CONTRACTS. PLEASE CALL AGENT TO SET APPOINTMENTS BATVAI

Last Agent to Sell the Property

Lorrie Hart

Downriver Real Estate Group License #6501314669 Listed on: 06/12/2015

Last Buyer's Agent

Glenn Silvenis

RE/MAX Crossroads III License #6502321652

RE/MAX Crossroads III

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 98 x 132.97

Home Design

  • Brick Exterior Construction
  • Stone Foundation
  • Slab Foundation
  • Poured Concrete

Interior Spaces

  • 8 Full Bathrooms
  • 7,860 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Unfinished Basement
  • Interior Basement Entry

Parking

  • Garage
  • Unassigned Parking

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Wall Furnace
  • Heating System Uses Natural Gas
  • Separate Meters
  • High Speed Internet
  • Cable TV Available

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 54014030385000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,992

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail
  • Total Bathrooms: 8.00
  • Full Bathrooms: 8
  • Basement Type: Interior Entry (Interior Access), Unfinished
  • Sq Ft Combined: 7860
  • Total Sq Ft: 7860

Exterior Features

  • Foundation Details: Michigan Basement, Slab
  • Construction Materials: Aluminum, Brick, Wood
  • Exterior Features: Lighting
  • Foundation Materials: Poured, Stone
  • Frontage Feet: 98
  • Porch Type: Porch - Covered, Porch - Enclosed
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • Garage: Yes
  • MF Parking: Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, Separate Meter, Window Unit(s)
  • Heating: Forced Air, Separate Meters, Wall/Floor Furnace
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Trenton

Lot Info

  • Lot Dimensions: 98 X 132.97
  • Parcel Number: 54014030385000
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 5100

Tax Info

  • Tax Amount Summer: 4665.0000
  • Tax Amount Winter: 2327.0000
  • Total Tax: 6992.0000

Multi Family

  • Gross Scheduled Income: 61200.00
  • Number Of Units Total: 8
  • Number of One Bedroom Units: 3
  • Number of Three Bedroom Units: 1
  • Number of Two Bedroom Units: 4
  • Number Of Units Leased: 8

MLS Schools

  • School District: Trenton

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 Change Sq Ft Price
12/01/2015 12/01/15 Sold $320,000 -20.0% $41 / Sq Ft
10/11/2015 10/11/15 Pending -- -- --
06/12/2015 06/12/15 For Sale $399,900 -- $51 / 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: 215060328

Realcomp