$625,000
PENDING

Estimated payment $3,822/month

Total Views 2,870
20 Beds
10 Baths
8,576 Sq Ft
$73 Price per Sq Ft

Highlights

  • 0.45 Acre Lot
  • Covered Patio or Porch
  • Forced Air Heating System
  • Cass Technical High School Rated 10
  • Awning

About This Home

EXCELLENT INVESTMENT OPPORTUNITY!! Well maintained 10 unit apartment building (townhomes) situated on a great street! All units have 2 bedrooms, covered front porches & covered back patios, private entrances and separate basements. Some of the units have central air conditioning. Washer & dryer hookups in each unit. Parking along the street or behind on-site. Various updates over the years. Several long term tenants which truly says a lot. Drive by this property and see for yourself, this is a real money maker with lots of potential!! *Room to raise the rents, it's been a while.

Listing Agent

Jason Bellinger

Real Broker LLC Clarkston License #6501369576 Listed on: 01/06/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1948

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 196.00 x 100.00

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 10 Full Bathrooms
  • 8,576 Sq Ft Home
  • 2-Story Property
  • Awning
  • Unfinished Basement

Parking

  • Lighted Parking
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number W16I024226C35

Community Details

Overview

  • 10 Units
  • Robert Oakmans Ford Hwy & Glendale Subdivision

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,080

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Assessment: 100.00
  • Year Built: 1948
  • State Equalized Value: 230000.0000
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available
  • Total Bathrooms: 10.00
  • Full Bathrooms: 10
  • Basement: Yes
  • Basement Type: Unfinished
  • Sq Ft Combined: 8576
  • Total Sq Ft: 8576
  • Sq Ft Total Bsmt: 4315

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Basement
  • Construction Materials: Brick
  • Exterior Features: Awning/Overhang(s), Lighting
  • Foundation Materials: Block
  • Frontage Feet: 196
  • Porch Type: Porch - Covered, Porch, Covered
  • Road Frontage Type: Paved, Pub. Sidewalk

Garage/Parking

  • MF Parking: Lighted, On Street

Utilities

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

Schools

  • School District: Detroit

Lot Info

  • Lot Size Area: 0.45
  • Lot Dimensions: 196.00 x 100.00
  • Parcel Number: W16I024226C35
  • Zone Conform: Yes
  • Zoning: Commercial

Rental Info

  • Rent Includes: Water/Sewer, Snow Removal, Trash Collection, Water, Yard Maintenance
  • Legal Rental Certified: Yes
  • Monthly Rental Income: 800

Tax Info

  • Tax Amount Summer: 4560.0000
  • Tax Amount Winter: 520.0000
  • Total Tax: 5080.0000
  • Taxable Value: 57929.0000

Multi Family

  • Gross Scheduled Income: 96000.00
  • Number Of Units Total: 10
  • Number of Two Bedroom Units: 10
  • Number Of Units Leased: 10

MLS Schools

  • School District: Detroit

Map

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
01/26/2024 01/26/24 Pending -- -- --
01/06/2024 01/06/24 For Sale $625,000 0.0% $73 / Sq Ft
12/12/2014 12/12/14 Rented $725 0.0% --
11/28/2014 11/28/14 Under Contract -- -- --
10/29/2014 10/29/14 For Rent $725 -- --
Source: Realcomp

Source: Realcomp

MLS Number: 20230100587

Realcomp