Seller Financing
Address
25846 W 7 MILE Road, Redford, MI
Price
$ 265,000
Property Attributes
- MLS#23146180
- TypeMulti-Family
- CountyWAYNE
- CityRedford
- AreaRedford Charter Twp
- NeighborhoodRedford Charter Twp
- Zip48240
- Style5+ Units
- Year Built1925
- Taxes$ 2939
- Price$ 265,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size8,712 SqFt
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
6 Streams of income from a single property? Take a good hard look at the potential in this mixed use building. This property boasts 3 apartments, 2 commercial spaces as well as annual Billboard income. Expand your portfolio and your income very quickly with this one of a kind property. Seller financing may be an option with 1/3 down. Contact agent for more information...
| Price History | |
|---|---|
| 12/30/2023 | Listed $269,000 |
| 4/18/2024 | 2% - $265,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Space Heater,Forced Air,Natural Gas |
| Utilities | Phone Available,Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Cable Available,Broadband Available,Phone Connected,Natural Gas Connected,Electric Connected,Cab |
| Possession | Close Of Escrow |
| Construction Materials | Vinyl Siding |
| Year Built | 1925 |
| Tenant Pays | Electric,Gas |
| Township | Redford Charter Twp |
| Property SubType | 5+ Units |
| Tax Year | 2023 |
| Gross Income | 36000.0 |
| OwnerPays | Trash Collection,Water,Sewer |
| County | Wayne |
| New Construction | No |
| Property Type | Multi-Family |
| Subdivision Name | CHESTERFIELD SUB |
| Status | Active |
| Directions | North side of 7 Mile,just West of Beech Daly |
| City | Redford |
| High School District | Redford |
| Zoning Description | Commercial |
| Total Units | 5 |
| MLS Area | Wayne County - 100 |
| Lot Size Square Feet | 8712.0 |
| Waterfront Y/N | No |
| Street Name | 7 MILE |
| Land Lease Y/N | No |
| Tax Annual Amount | 2939.0 |
| Lease Renewal Y/N | No |
| MLS Area Minor | Wayne County - 100 |
| Additional Parcels Y/N | No |
| Rent Control Y/N | No |
| Days on Market | 139 |
| Standard Status | Active |
| Tax Assessed Value | 37084 |
| MobileHomeRemainsYN | No |
| Legal Description | 06P70 71 LOTS 70 AND 71 CHESTERFIELD SUB T1S R10E L48 P88 WCR |
| Senior Community | None |
Interior Features
| Basement | Slab |
|---|---|
| Total Fireplaces | 1 |
| Basement (Y/N) | No |
| Air Conditioning Y/N | No |
| Heating Y/N | Yes |
| Street Suffix | Road |
| Electric On Property Y/N | No |
Exterior Features
| Total Parking | 6.0 |
|---|---|
| Lot Size Area | 0.2 |
| Number of Buildings | 1 |
| Spa | No |
| Lot Dimensions | 40.00 x 100.00 |
| OwnerPhone | 248-308-9992 |
| Lot Size Acres | 0.2 |
| Road Surface Type | Paved |
| Lot Size Units | Acres |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 48240
Price
Taxes
Visits
Year Built
Listing information is provided by Participants of the MichRIC MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. ©: MichRIC MLS. Last Update May 19, 2024 2:30 PM UTC
Water Wonderland Board of REALTORS® All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
Northern Great Lakes REALTORS® MLS All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested
