NOT LISTED FOR SALE

3114 Niagara St Wayne, MI 48184

6 Beds
6 Baths
3,600 Sq Ft
0.47 Acres

Last Sold December 19, 2016

Last sale price $214,900 $60 Per Sq Ft

327 Days on Market

Highlights

  • 0.47 Acre Lot
  • 1-Story Property
  • Baseboard Heating

About This Home

As of December 2016

This building has all tenants at $485 month + electric including most Utilities. Each unit is 1 bedroom and approximately 600 sq. ft. Exterior entrances to all units, ranch style, and each unit has its own front and back porch. "Utilities" includes trash removal, gas, common area electric, water & sewer. Washer/Dryers & Tenant storage in Basement. $1.50 / load. Tenant pays own personal electric. Boiler is approximately 12 years old and property was upgraded to copper, as well as roof/windows re-done in the last 10 years. Appliances in good condition. Apartments have a baseboard hot water heating system. Pet policy is cats only/no dogs.
** This is a great 6-unit apartment building located in Wayne just off of Michigan Avenue. This is a perfect opportunity to own an income producing investment with low management overhead. Building is very well maintained and positioned for a easy transition to new ownership.

Last Agent to Sell the Property

Tjader Gerdom

GRI Homes For Today License #6501285892 Listed on: 10/30/2015

Last Buyer's Agent

Jamal Alaouieh

RE/MAX Team 2000 License #RCO-6501381369

RE/MAX Team 2000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1946

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 132' x 97' x 134' x 74' x 77'

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Slab Foundation

Interior Spaces

  • 6 Full Bathrooms
  • 3,600 Sq Ft Home
  • 1-Story Property

Utilities

  • Back Up Electric Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System

Community Details

  • 6 Units

Listing and Financial Details

  • Assessor Parcel Number 55002011261000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,097

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 1 Story
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 6.00
  • Full Bathrooms: 6
  • Sq Ft Combined: 3600
  • Total Sq Ft: 3600

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Foundation Materials: Brick/Mortar
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Electric
  • Heating: Baseboard, Hot Water
  • Sewer: Shared Septic (Common)
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Wayne-Westland

Lot Info

  • List Price per Acre: 457234.0426
  • Lot Size Area: 0.47
  • Lot Dimensions: 132' X 97' X 134' X 74' X 77'
  • Parcel Number: 55002011261000
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 2910

Tax Info

  • Tax Amount Summer: 4464.0000
  • Tax Amount Winter: 633.0000
  • Total Tax: 5097.0000

Multi Family

  • Gross Scheduled Income: 33872.40
  • Number Of Units Total: 6
  • Number of One Bedroom Units: 6
  • Number Of Units Leased: 6

MLS Schools

  • School District: Wayne-Westland

Range of Values:

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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
12/19/2016 12/19/16 Sold $214,900 0.0% $60 / Sq Ft
09/21/2016 09/21/16 Pending -- -- --
10/30/2015 10/30/15 For Sale $214,900 -- $60 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2016

    Tjader Gerdom

    GRI Homes For Today

    Section Image
  • Jamal Alaouieh

    Buyer's Agent in 2016

    Jamal Alaouieh

    RE/MAX of Southeast Michigan

    (313) 283-6600

    38 Total Sales

    Jamal Alaouieh
    Section Image
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Map

Source: Realcomp

MLS Number: 215117472

Realcomp
Michigan Wayne County Wayne 48184

3114 Niagara St, Wayne, MI

This home is located at 3114 Niagara St, Wayne, MI 48184 since 30 October 2015. This property was built in 1946. 3114 Niagara St is a home located in Wayne County with nearby schools including Taft-Galloway Elementary School, Benjamin Franklin Middle School, and Adams Middle School.

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Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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