Description
Excellent opportunity to own and operate a 14 unit apartment building on the far west side of detroit. an already well managed asset, this building falls on the immediate border of redford and dearborn heights, and surrounding home values and rents contribute to a potentially bright future of appreciation. this property both cash flows now and has meat on the bones for rent increases that will lead to a higher noi and ultimately a higher valuation as a result. offering memorandum and rent roll available upon request.
Property Type
MultifamilyCounty
WayneStyle
Upper/Lower ApartmentAD ID
47646371
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Property Details
-
Interior Features
Bathroom Information
- Total Baths: 14
- Full Baths: 14
Interior Features
- Basement Description: Unfinished,Common
Heating & Cooling
- Heating: Hot Water
- Heating Fuel: Natural Gas
-
Exterior Features
Building Information
- Year Built: 1967
- Building Stories: 2 Story
- Total Units: 14
- Foundation/Basement: Slab,Basement
- Architecture: Upper/Lower Apartment
Exterior Features
- Construction: Brick
Utility Features
- Sewer: Sewer at Street
Water
- Public (Municipal)
-
Property / Lot Details
Lot Information
- Lot Size: 0.32
- Dimensions: 140.00 x 100.00
Property Information
- SQ ft: 10540
- Subdivision: FRISCHKORNS PARK VIEW (PLATS)
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $995,000
Listing Information
- Possession: At Close
- Legal Description: W WARREN 439 THRU 445 FRISCHKORNS PARK VIEW SUB L41 P95 PLATS, W C R 22/214 140 X 100
-
Taxes / Assessments
Tax Information
- Annual Tax: $23,533
- Parcel Number: W22I000450C6
Possession
- At Close
Legal Information
- Legal Description: Section: W WARREN 439 THRU 445 FRISCHKORNS PARK VIEW SUB L41 P95 PLATS, W C R 22/214 140 X 100
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 10
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 1
Unit 2 Information
- # of Bedrooms: 13
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Sewer at Street
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BuyOwner last updated this listing 12/23/2024 @ 14:00
- MLS: 620104002
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 27 bedrooms which is for sale, it has 10,540 sqft, 0 sized lot, and 0 parking. A comparable Multifamily, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of Redford , in zip code 48239, this Wayne County Multifamily , it is in the FRISCHKORNS PARK VIEW (PLATS) Subdivision, and are nearby neighborhoods.