MI > Wayne > Detroit > 18011-18515 Hoover
  • MLS# 2200073232
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Great opportunity on this package deal! 4 buildings on Hoover St. with a total of 35 units, over 18,000 square feet on almost an acre of land total! Currently under new Property Management working to bring this to full potential for new owners. Addresses include 18011, a one story brick building with 7, one bed units that rent for $575/ea. 18059 Hoover, a 2 story brick with 16 one bed units with avg $550/unit & 18501/18515, two, twin one-story brick buildings with 6 studio and 6 one bed units, that rent between $475-$550. Landlord owned stove and refrigerators in all units. Low annual taxes approx $13,600 for all buildings. $5,515 in Security Deposits transferred to new owners. Great location with plenty of frontage on busy road for advertising. Near transportation and freeways. Invest now while Detroit values continue to rise! Some info may be estimated, buyer/agent to verify all info.

Property Information

Status
Active 
Address
18011-18515 Hoover 
City
Detroit 
Zip
48205 
Year Built
9999 
Business Type
Residential 
Listing Date
09/16/2020 
Architecture
1 Story 
County
Wayne 
Above Grade SqFt
18,301 
Possession
Subject To Tena 
Price/SqFt
46.45 

School Information

School District
Detroit 

Taxes

Summer Taxes
$12,148 
Winter Taxes
$1,457 

Features

Total No. of Units
35 
Current Use
Residential Apartments 
Zoning
Commercial, Multi-Family 
Water
Municipal Water 
Sub Property Type
Commercial 
Heating
Natural Gas, Other 

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  • Market Statistics
  • Property History
  • Schools Information
  • Local Business
Market Statistics
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
2200073232 Active Contingency Jan 28 2021 8:36PM 172
2200073232 Contingency Active Nov 3 2020 10:07AM 172
2200073232 Active Sep 16 2020 7:07PM $850,000 172
School Information
Local Business

Learn More About This Listing

Contact Customer Care

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

248-304-6700

Contact Customer Care

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

248-208-3883

Listing Broker

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Listing Courtesy of Keller Williams Somerset
Office Address 901 Wilshire Suite 125

Real Estate One Family of Companies

18011-18515 Hoover Detroit
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$850,000
For Sale • Acres: 0.96 • Zoning: Commercial,Multi-Family