NOT LISTED FOR SALE

355 E 14 Mile Rd Birmingham, MI 48009

14 Beds
12 Baths
8,386 Sq Ft
0.47 Acres

Last Sold July 12, 2023

Last sale price $1,725,000 $206 Per Sq Ft

112 Days on Market

Highlights

  • 0.47 Acre Lot
  • Traditional Architecture
  • Baseboard Heating
  • Pierce Elementary School Rated A
  • Security System Owned
  • Dogs and Cats Allowed

About This Home

As of July 2023

The most prime location Birmingham's Multi Family market has to offer. Pleased to showcase this beautiful 100% occupied building. 12 Units in total. Includes 10 one bedroom units and 2 two bedroom units. Rents are generated at current market rates. All Brick building with a brand new roof, Anderson Windows, Boiler, and Parking lot. Meticulously maintained inside and out. Batvai

Last Agent to Sell the Property

Benny Margolis

KW Domain License #6501384651 Listed on: 12/21/2022

KW Domain

Last Buyer's Agent

Benny Margolis

KW Domain License #6501384651 Listed on: 12/21/2022

KW Domain

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1963

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 250 x 50 x 250 x 50

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pillar, Post or Pier Foundation
  • Block Foundation

Interior Spaces

  • 12 Full Bathrooms
  • 8,386 Sq Ft Home
  • 2-Story Property
  • Sump Pump
  • Security System Owned

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 1936456018

Community Details

Overview

  • 12 Units
  • Leinbach Humphrey's Ind Vlg Subdivision

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,228

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Traditional
  • Architecture Level: 2 Story
  • Year Built: 1963
  • State Equalized Value: 672160.0000
  • Foundation Features: Sump Pump
  • Pets Allowed: Cats OK | Dogs OK
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Security Alarm (owned)
  • Total Bathrooms: 12.00
  • Full Bathrooms: 12
  • Total Sq Ft: 8386

Exterior Features

  • Foundation Details: Pillar/Post/Pier
  • Construction Materials: Brick
  • Foundation Materials: Block
  • Road Frontage Type: Paved

Garage/Parking

  • MF Parking: Carports

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Baseboard, Hot Water
  • Sewer: Sewer at Street
  • Water Source: Water at Street
  • Laundry Facilities: No

Fee Information

  • Operating Expense: 70000.00

Lot Info

  • Lot Size Area: 0.47
  • Lot Dimensions: 250 x 50 x 250 x 50
  • Parcel Number: 1936456018
  • Zoning: Multi-Family

Rental Info

  • Monthly Rental Income: 15000

Tax Info

  • Tax Amount Summer: 24051.0000
  • Tax Amount Winter: 6177.0000
  • Total Tax: 30228.0000
  • Taxable Value: 589820.0000

Multi Family

  • Gross Scheduled Income: 180000.00
  • Number Of Units Total: 12

MLS Schools

  • School District: Birmingham

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 List to Sale Price per Sq Ft
07/12/2023 07/12/23 Sold $1,725,000 -17.9% $206 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
12/21/2022 12/21/22 For Sale $2,100,000 -- $250 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Benny Margolis

    Seller's Agent in 2023

    Benny Margolis

    KW Domain

    (734) 985-5091

    4 in this area

    98 Total Sales

    Benny Margolis
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Map

Source: Realcomp

MLS Number: 20221069794

Realcomp
Michigan Oakland County Birmingham 48009

355 E 14 Mile Rd, Birmingham, MI

Not Listed for Sale

MultiFamily

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IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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