24311 Plymouth Road

Redford, Michigan 48239

  • 4 Bed(s)
  • 17 Bath(s)
  • 4,600 Sqft
  • 0.13
    Acre(Lot)
$950,000

Description

This 17 unit apartment building in redford mi has had lots of recent updates, but still has tons of potential to add even more value!

snapshot:
-17 units, 16 occupied, 1 vacant (studio)
-4 1 bed/1 bath, and 13 studios
-1 building with 6 units, 3 single family, 1 unit cottages and 4 duplexes
-1/2 acre lot
-6,800 sq large parking lot paved thats is in good condition
-owner pays all utilities, trash and lawn

heating: single gas furnace in 6-unit apartment building and gas wall furnace in other units.

cooling: air conditioner in the main building, tenant optional window units in others.

current owners have renovated 13 of 17 units with new lvp flooring, kitchens, baths, paint, lights, doors, appliances and trim. exteriors have been repainted in 2023, roofs replaced on 5 of 8 buildings in 2023. new furnaces in units 9 and 10. new hot water tanks in units 1, 12, 14, 15, 16, 17, and 18. electrical was updated in 2023 with gfci. exterior landscaping refreshed and trees removed in 2023. parking lot seal coated and striped in 2023. new concrete walks in 2022.

all financial information attached as pdf, including additional photos.

property is zoned commercial, the city allowed the property to be rent certified. this property is licensed as a rental with the city of redford. we are looking for experienced multi-family investors for this property.

  • Property Type

    Multifamily

  • Subdivision

    Dunning Park Sub

  • County

    Wayne

  • Style

    Other

  • AD ID

    47308959

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Property Details

  • Bathroom Information

    • Total Baths: 17
    • Full Baths: 17

    Interior Features

    • Roof : Asphalt

    Heating & Cooling

    • Heating: Forced Air
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1948
    • Building Stories: 2 Story
    • Total Units: 17
    • Roof: Asphalt
    • Foundation/Basement: Slab
    • Architecture: Other

    Exterior Features

    • Construction: Vinyl

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.13
    • Dimensions: 40.00 x 139.00

    Property Information

    • SQ ft: 4600
    • Subdivision: DUNNING PARK SUB
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $995,000

    Listing Information

    • Possession: At Close
    • Legal Description: 32A327 328 LOT 327 AND 328 DUNNING PARK SUB T1S R10E L55 P27 WCR

  • Tax Information

    • Annual Tax: $6,027
    • Parcel Number: 79045010327000

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: 32A327 328 LOT 327 AND 328 DUNNING PARK SUB T1S R10E L55 P27 WCR

  • Multi-Unit Information

    • Road Frontage: Paved

    Unit 1 Information

    • # of Bedrooms: 4

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 11/21/2024 @ 11:36

  • MLS: 616746635
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 4 bedrooms which is recently sold, it has 4,600 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 Dunning Park Sub Subdivision, and are nearby neighborhoods.