$685,000
SOLD MAR 28, 2025

27746 Cherry Hill Rd Garden City, MI 48135

6 Beds
6 Baths
5,768 Sq Ft
0.35 Acres

Recently Sold

$119 Per Sq Ft

10% Above List Price

4 Days on Market

About This Home

As of March 2025

Incredible investment opportunity!!! Fully brick building that ensures long lasting structural integrity. This well-maintained 6 units multi-family residential property in the heart of Garden City offers a fantastic income generating potential. Fully occupied with long term tenants (month to month basis, offering flexibility for the new owner for rent increases). Each unit features 1 spacious bedroom, 1 full bathroom, a bright and open living area, an oversize kitchen with dining area, updated mechanicals, 6 furnaces: 3 brand new (2025), 2 newer (2023), last one passed the city inspection just recently. of the units has been fully renovated 2/25, separate utilities, laundry facilities in the building, on-site parking, Security cameras, and smart door-entry, providing safe and comfort living spaces for tenants. The property is conveniently located near shopping, dining, schools, and major roads, ensuring strong rental demand. Don't miss this rare chance to expand your portfolio! The Certificate of Occupancy / Rental Certificate is ready and transferable to the new owner.

Last Agent to Sell the Property

Aida Omidvar

KW Metro License #6501399780 Listed on: 03/14/2025

KW Metro

Last Buyer's Agent

Ali Eldirani

RE/MAX Leading Edge License #6502355654

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1979 | Remodeled in 2025

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 160x83

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 5,768 Sq Ft Home
  • 2-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 35015010245001

Community Details

Overview

  • 6 Units
  • Garden Park Sub Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,002

Year Built

Built in 1979 | Remodeled in 2025

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 521.00
  • Year Built: 1979
  • State Equalized Value: 128900.0000
  • Year Renovated: 2025
  • Pets Allowed: Call
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Sq Ft Combined: 5768
  • Total Sq Ft: 5768

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Frontage Feet: 160
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Fee Information

  • Operating Expense: 25000.00

Schools

  • School District: Garden City

Lot Info

  • Lot Size Area: 0.35
  • Lot Dimensions: 160x83
  • Parcel Number: 35015010245001
  • Zoning: Commercial

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection, Water, Yard Maintenance
  • Monthly Rental Income: 5750

Tax Info

  • Tax Amount Summer: 7114.0000
  • Tax Amount Winter: 1888.0000
  • Total Tax: 9002.0000
  • Taxable Value: 115437.0000

Multi Family

  • Gross Scheduled Income: 69000.00
  • Number Of Units Total: 6
  • Number of One Bedroom Units: 6
  • Number Of Units Leased: 6

MLS Schools

  • School District: Garden City

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
03/28/2025 03/28/25 Sold $685,000 +9.6% $119 / Sq Ft
03/19/2025 03/19/25 Pending -- -- --
03/14/2025 03/14/25 For Sale $625,000 +47.1% $108 / Sq Ft
10/25/2024 10/25/24 Sold $425,000 -5.6% $74 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/24/2024 10/24/24 For Sale $450,000 -- $78 / 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: 20250014484

Realcomp