3 stry, 14 apts, each w/ 1 bd, 1 ba, L.R., kit. and dining area. Independent electric/gas/hot water meters (discounted DTE rate). Security entrance doors in the front and back. Its close proximity to the U of D Mercy, property falls in the 24-hour private security patrols. No break in/security issue/eviction in 20 years. Vacancy rate is 100% without putting a sign (rarely 90%, due to standardized tenant selection process). 4 units on personal use, not currently rented. Coin washing machines on site. Solid structure with 13-inch walls. New roof replaced in 2006 and resurfaced in 2016. Just 10 years ago, $350,000 was invested in renovations to include new electric/water and heating system.Secured private parking lot with remote control access through large steel gate to 20+ park spots secured with steel fence. Owner pays only water bill, private garbage pickup ($62 per month), and electrical bill for hallway. Well maintained by owners, building up to code. Great investment opportunity.
- 3 Story
- Above Grade SqFt
- School District
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Listing Video for 17130 BIRCHCREST Drive, Detroit MI 48221
Listing Courtesy of Real Estate One
Office Address 1002 N. Main Street
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