17130 BIRCHCREST Drive, Detroit 48221

$650,000

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MLS#: 216070397
• For Sale
Portrait of Ibrahim Rehmat
Listed by Ibrahim Rehmat

(248) 218 6468

Rochester

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Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

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.

Property Information    

Status
Active 
Address
17130 BIRCHCREST Drive 
City
Detroit 
Zip
48221 
Year Built
1929 
Subdivision
Keans Sub Of Sw 1/4 Of Sw 1/4 Of Sec 10 
Business Type
Residential 
Listing Date
07/15/2016 
Architecture
3 Story 
County
Wayne 
Above Grade SqFt
9,207 
Possession
Immediate 
Price/SqFt
70.6 

School Information

School District
Detroit 

Taxes

Taxes
$4,396 
Summer Taxes
$3,933 
Winter Taxes
$463 

Features

Total No. of Units
14 
Current Use
Apartments 
Zoning
Commercial,multi-Family 

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Listing Courtesy of Real Estate One
Office Address 1002 N. Main Street