NOT LISTED FOR SALE
15 Beds
15 Baths
10,237 Sq Ft
7,841 Sq Ft Lot

Last Sold April 15, 2024

Last sale price $1,010,000 $99 Per Sq Ft

300 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry Facilities
  • 4-minute walk to Arthur Basse Park

About This Home

As of April 2024

GREAT INVESTMENT OPPORTUNITY! VERY CLEAN AND UP TO CODE 15 UNIT APARTMENT BUILDING FOR SALE! 100% OCCUPIED AND HAS NEVER HAD ANY ISSUES WITH TENANTS! GENERATING 10K PER MONTH, EVERY TENANT PAYS THEIR OWN HEAT AND ELECTRIC. SELLER TO PROVIDE CERTIFICATE OF OCCUPANCY AND ANNUAL OPERATING DATA UPON RECEIPT OF ACCEPTABLE OFFER. ACCEPTED LOI AND PROOF OF FUNDS ARE REQUIRED PRIOR TO SHOWING THE PROPERTY! ALL DATA IS APPROXIMATE. BUYERS AGENT TO VERIFY ALL INFORMATION.

Last Agent to Sell the Property

Tim Muflihi

RE/MAX Team 2000 License #6501360292 Listed on: 03/14/2023

RE/MAX Team 2000

Last Buyer's Agent

Tim Muflihi

RE/MAX Team 2000 License #6501360292 Listed on: 03/14/2023

RE/MAX Team 2000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1930

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 80.00 x 100.00

Home Design

  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 15 Full Bathrooms
  • 10,237 Sq Ft Home
  • 2-Story Property
  • Finished Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 32821005424001

Community Details

Overview

  • 15 Units
  • Oakman Aviation Field No 1 Subdivision

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,950

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 2 Story
  • Assessment: 3.00
  • Year Built: 1930
  • State Equalized Value: 299500.0000
  • Pets Allowed: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: Laundry Facility
  • Total Bathrooms: 15.00
  • Full Bathrooms: 15
  • Basement: Yes
  • Basement Type: Finished
  • Total Sq Ft: 10237

Exterior Features

  • Foundation Details: Basement
  • Construction Materials: Brick
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Central Air
  • Heating: Forced Air, Separate Meters
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)
  • Laundry Facilities: Yes

Lot Info

  • Lot Size Area: 0.18
  • Lot Dimensions: 80.00 x 100.00
  • Parcel Number: 32821005424001
  • Zoning: Commercial, Multi-Family

Rental Info

  • Rent Includes: Water
  • Monthly Rental Income: 10000

Tax Info

  • Tax Amount Summer: 10568.0000
  • Tax Amount Winter: 1382.0000
  • Total Tax: 11950.0000
  • Taxable Value: 171524.0000

Multi Family

  • Gross Scheduled Income: 122600.00
  • Number Of Units Total: 15

MLS Schools

  • School District: Dearborn

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
04/15/2024 04/15/24 Sold $1,010,000 -15.8% $99 / Sq Ft
01/08/2024 01/08/24 Pending -- -- --
03/14/2023 03/14/23 For Sale $1,199,900 -- $117 / 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: 20230017909

Realcomp