NOT LISTED FOR SALE

403 S Crooks Rd Clawson, MI 48017

14 Beds
13 Baths
6,203 Sq Ft
0.7 Acres

Last Sold May 31, 2016

Last sale price $642,500 $104 Per Sq Ft

23 Days on Market

Highlights

  • 0.7 Acre Lot
  • Heating System Uses Steam
  • High Speed Internet
  • Covered Patio or Porch
  • Laundry Facilities

About This Home

As of May 2016

This 13 unit apartment complex is in an excellent location. It is a tremendous opportunity to own
a multiunit at an amazing price. Less than a 10 minute drive to downtown Birmingham or
downtown Royal Oak. Also very near Somerset mall and all the shopping and restaurants along
Big Beaver in Troy. Seller’s estimate is that this unit is under rented by approximately 10-15%
since he has kept his long term tenants without any rent increase. There is a tremendous upside
in this property. 1 Unit is currently vacant & in the process of updating kitchen.
**cash flow analysis & FAQ added to documents of this listing**

Last Agent to Sell the Property

Latif Muhaimeen

Max Broock, REALTORS®-Birmingham License #6501251358 Listed on: 05/05/2016

Co-Listed By

Monica Mokrzan-Destefanis

Reserve Management Company License #6501385142

Last Buyer's Agent

Jacqueline Hanser

Berkshire Hathaway Michigan License #RCO-6501206744

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1962

Lot Details

  • 0.7 Acre Lot
  • Lot Dimensions are x30295.11

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Slab Foundation
  • Asphalt Roof

Interior Spaces

  • 13 Full Bathrooms
  • 6,203 Sq Ft Home
  • 2-Story Property

Parking

  • Paved Parking
  • Unassigned Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Window Unit Cooling System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2504103004
  • $200 Seller Concession

Community Details

Overview

  • 13 Units
  • Kenwood Gardens Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,653

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Upper/Lower Apartment
  • Architecture Level: 2 Story
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Cable Available, High Spd Internet Avail, Laundry Facility
  • Total Bathrooms: 13.00
  • Full Bathrooms: 13
  • Sq Ft Combined: 6203
  • Total Sq Ft: 6203

Exterior Features

  • Roof Material: Asphalt
  • Foundation Details: Slab
  • Construction Materials: Brick
  • Exterior Features: Lighting
  • Foundation Materials: Block
  • Porch Type: Patio, Porch - Covered
  • Road Frontage Type: Pub. Sidewalk

Garage/Parking

  • MF Parking: Paved, Unassigned/General

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Steam
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal)
  • Laundry Facilities: No

Schools

  • School District: Clawson

Lot Info

  • List Price per Acre: 1251428.5714
  • Lot Size Area: 0.70
  • Lot Dimensions: X30295.11
  • Parcel Number: 2504103004
  • Zone Conform: Yes
  • Zoning: Multi-Family

Rental Info

  • Legal Rental Certified: Yes
  • Monthly Rental Income: 795

Tax Info

  • Tax Amount Summer: 14295.0000
  • Tax Amount Winter: 358.0000
  • Total Tax: 14653.0000

Multi Family

  • Gross Scheduled Income: 95500.00
  • Number Of Units Total: 13
  • Number of One Bedroom Units: 12
  • Number of Two Bedroom Units: 1
  • Number Of Units Leased: 12

MLS Schools

  • School District: Clawson

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
05/31/2016 05/31/16 Sold $642,500 -26.7% $104 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
05/05/2016 05/05/16 For Sale $876,000 -- $141 / Sq Ft
Source: Realcomp

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Latif Muhaimeen

    Max Broock, REALTORS®-Birmingham

  • M

    Seller Co-Listing Agent in 2016

    Monica Mokrzan-Destefanis

    Reserve Management Company

    Section Image

  • J

    Buyer's Agent in 2016

    Jacqueline Hanser

    Berkshire Hathaway Michigan

See All Agents

Map

Source: Realcomp

MLS Number: 216043197

Realcomp
Michigan Oakland County Clawson 48017

403 S Crooks Rd, Clawson, MI

This home is located at 403 S Crooks Rd, Clawson, MI 48017 since 05 May 2016. This property was built in 1962. 403 S Crooks Rd is a home located in Oakland County with nearby schools including Clawson High School and Japhet School.

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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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