Description
16-unit ranch-style apartment complex offers a great investment opportunity. units rent for between $800-$900 per month. tenants pay electric and gas. the property also includes a separate 3-bedroom house at 5266 with a detached 2.5-car garage, basement, and fenced backyard. parking is available. ideal for investors looking for excellent rental income and an easy to manage property.
Property Type
MultifamilySubdivision
Supervisors Nankin Plat No 2County
WayneStyle
RanchAD ID
49061025
Sell a home like this and save $83,501 Find Out How
Property Details
-
Interior Features
Bathroom Information
- Total Baths: 16
- Full Baths: 16
Interior Features
- Smoke Alarm,100 Amp Service,Carbon Monoxide Alarm(s)
- Roof : Asphalt
Heating & Cooling
- Heating: Forced Air
- Heating Fuel: Natural Gas
Water Heater
- Natural Gas
-
Exterior Features
Building Information
- Year Built: 1953
- Building Stories: 1 Story
- Total Units: 16
- Roof: Asphalt
- Foundation/Basement: Slab
- Architecture: Ranch
Exterior Features
- Lighting,Private Entry
- Construction: Brick,Vinyl
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary),Sewer at Street
Water
- Public (Municipal),Water at Street
- Water Heat: Natural Gas
-
Property / Lot Details
Lot Information
- Lot Size: 1.10
- Dimensions: 30 x 50
Property Information
- SQ ft: 6375
- Subdivision: SUPERVISORS NANKIN PLAT NO 2
- Financing: Cash,Conventional
-
Listing Information
Listing Price Information
- Original List Price: $1,400,000
Listing Information
- Possession: At Close
- Legal Description: 32Q97B1 N 50 FT OF LOT 97 EXCEPT THE E PART THEREOF MEASURING 17.84 FT ON THE S LINE OF SAID N 50 FT AND 17.66 FT ON THE N LOT LINE SUPERVISORS NANKIN PLAT NO. 2 T2S R9E L64 P62 WCR
-
Taxes / Assessments
Tax Information
- Annual Tax: $10,369
- Parcel Number: 55016050097003
Possession
- At Close
Legal Information
- Legal Description: Section: 32Q97B1 N 50 FT OF LOT 97 EXCEPT THE E PART THEREOF MEASURING 17.84 FT ON THE S LINE OF SAID N 50 FT AND 17.66 FT ON THE N LOT LINE SUPERVISORS NANKIN PLAT NO. 2 T2S R9E L64 P62 WCR
-
Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 16
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 15
Unit 3 Information
- # of Bedrooms: 1
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal),Water at Street
- Sewer:Public Sewer (Sewer-Sanitary),Sewer at Street
Statistics Bottom Ads 2

Sidebar Ads 1

Learn More about this Property
Sidebar Ads 2

Sidebar Ads 2

Disclosure: The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. IDX provided courtesy of Realcomp II Ltd., via ByOwner.com and REALCOMP, Copyright 2025 Realcomp II Ltd. Shareholders. REALTOR (R) licensed in the state of Michigan.
BuyOwner last updated this listing 04/03/2025 @ 15:56
- MLS: 624371704
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 18 bedrooms which is for sale, it has 6,375 sqft, 1 sized lot, and Paved,Unassigned 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 Wayne , in zip code 48184, this Wayne County Multifamily , it is in the SUPERVISORS NANKIN PLAT NO 2 Subdivision, are nearby neighborhoods.