MLS Public Remarks  Great Investment Opportunity! Well maintained 40 unit complex. Grossing $280k last year. Value add opportunity at full capacity. Projected gross income once fully leased $344,000. 8 - 2 bedroom, two story (townhouse style) units. 8 regular 2 bedroom, 24 - one bedrooms. Landlord pays water, gas, electric. Give advance notice to show. Do not disturb tenants.

http://www.www.realestateone.com.com/20230005655

AGENT/COMPANY DETAILS  

LOCATION  

Township  Detroit

Directions  North of 7 Mile

HOUSE DESCRIPTION  

Fin Below Grd SqFt  0

Total Fin SqFt  39,816

Price/SqFt  $55

Unfinished SqFt  0

Above Grade Finished SqFt  39,816

CDOM  453

Sub Property Type  Multifamily

Year Built  1963

Days on Market  453

ASSESSMENT/SCHOOLS   

Land Assessment  -

Improvements  $2400000

Net Taxes  $32865

Acreage  1.26

Taxes  -

Tax Year  -

Summer Taxes  $29421

School District  Detroit

Winter Taxes  $3444

LOT DESCRIPTION  

Subdivision  More Than One Legal Involved

Lower Level Square Footage  0

Waterview  N

Number of Units  40

Waterfront  N

For Lease/Rent  N

Est. Total Acres  1.26

Lot Dimensions  Irregular

WaterFrontage   0

INTERIOR FEATURES  

Heating  Baseboard, Natural Gas, Steam

Cooling  Window Unit(s)

Water  Public (Municipal)

Basement  Y

Heating  Baseboard, Natural Gas, Steam

EXTERIOR FEATURES  

Garage  0.0

Architecture  2 Story

Basement details  Common, Unfinished

Sewer  Public Sewer (Sewer-Sanitary)

Parking Desc  Paved

Exterior Features  Fenced

Home Style  Common Entry Building

Possession  At Close

Exterior Materials  Brick

DETAILS  

Status Change Date  01/25/2023

Listing Date  01/24/2023

Internet/IDX  Y

Named Exceptions  Y

LISTING OFFICE DETAILS  

Listing Office   Exp Realty Llc

Office Address   39555 Orchard Hill Place Ste 600

Listing Number   20230005655

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