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Jeff McIntyre
Home Field Michigan Real Estate Consultants
jeff@homefieldmichigan.com +1(989) 277-3510$ 424,900
Est. payment | /mo
6,996 SqFt
$ 424,900
Est. payment | /mo
6,996 SqFt
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 6,996 sqft
Price per Sqft $60
Subdivision Mi
MLS Listing ID 60375343
Annual Tax Amount $16,290
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 47.00 x 110.00
Property Sub-Type Commercial/Industrial
Property Description
This all-brick, fully occupied 6-unit apartment building is a great cash-flowing investment opportunity! Each unit features 2 bedrooms and 1 bathroom, with recent updates throughout. The property boasts new furnaces, hot water tanks, and plumbing, ensuring minimal maintenance costs. Each unit is separately metered, maximizing tenant responsibility for utilities. Three units are leased through Section 8, providing reliable rental income, while the remaining three are standard market-rate tenants. Short-term seller financing available, making this an excellent opportunity for investors looking to expand their portfolio with flexible terms.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Building
Foundation Basement
Water Public Water at Street
Structure Type Brick
Others
Ownership Private
Assessment Amount $100
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main