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Property Attributes
- MLS#24025147
- TypeMulti-Family
- CountyWAYNE
- CityDetroit
- AreaDetroit City
- NeighborhoodDetroit City
- Zip48234
- Style5+ Units
- Year Built1958
- Taxes$ 10945
- Price$ 1,250,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.39 Acres
Data Source:
Michigan Regional Information Center (MICHRIC)
Property Description
Value add 24 unit apartment building. Centrally located this building offers 10-minute access to Downtown, close proximity to major grocers and public transportation. Opportunity to increase income through increasing occupancy, renovating units and bringing rents up to market rate, lowering utility costs and restoring coin-op laundry. Located just south of 8 Mile Rd, east of I-75
Price History | |
---|---|
5/21/2024 | Listed $1,250,000 |
General Features
Sewer | Public Sewer |
---|---|
Heating | Radiant,Baseboard,Electric,Natural Gas |
Cooling | Wall Unit(s) |
Utilities | Public Water Available,Public Sewer Available,Natural Gas Available,Electric Available,Natural Gas Connected,Electric Connected |
Possession | Close Of Escrow |
Roof | Other |
Construction Materials | Brick |
Year Built | 1958 |
Tenant Pays | None |
Township | Detroit City |
Property SubType | 5+ Units |
Tax Year | 2023 |
OwnerPays | Trash Collection,Electricity,Water,Sewer,Gas |
County | Wayne |
New Construction | No |
Property Type | Multi-Family |
Status | Active |
Directions | In between 8 Mile and & Mile on Conant |
ModificationTimestamp | 2024-05-22T15:07:17Z |
City | Detroit |
Buyer Agent Compensation | 2.50 |
High School District | Detroit |
Zoning Description | B4 |
NumberOfUnitsTotal | 24 |
MLS Area | Wayne County - 100 |
Lot Size Units | Acres |
Lot Size Square Feet | 16988.0 |
Waterfront Y/N | No |
Listing Terms | Cash,Conventional |
Land Lease Y/N | No |
Tax Annual Amount | 10945.66 |
Lease Renewal Y/N | No |
MLS Area Minor | Wayne County - 100 |
Additional Parcels Y/N | No |
Rent Control Y/N | No |
Days on Market | 39 |
Standard Status | Active |
Tax Assessed Value | 125520 |
MobileHomeRemainsYN | No |
Buyer Agent Compensation Type | % |
Legal Description | W CONANT 829 THRU 822 BURTONS SEVEN MILE ROAD SUB L34 P47 PLATS,W C R 9/182 180 IRREG |
Senior Community | None |
Interior Features
Basement | Slab |
---|---|
Total Fireplaces | 1 |
Basement (Y/N) | No |
Air Conditioning Y/N | Yes |
Heating Y/N | Yes |
Electric On Property Y/N | No |
Exterior Features
Total Parking | 25.0 |
---|---|
Lot Size Area | 0.39 |
Number of Buildings | 1 |
Spa | No |
Lot Dimensions | 180 X 118 |
Lot Size Acres | 0.39 |
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