$685,000
$625,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
27746 CHERRY HILL Road Garden City, MI 48135 3155
6 Baths
5,768 SqFt
Key Details
Sold Price $685,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,768 sqft
Price per Sqft $118
Subdivision Mi
MLS Listing ID 60375512
Sold Date 03/28/25
Style 2 Story
Full Baths 6
Year Built 1979
Annual Tax Amount $9,002
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 160x83
Property Sub-Type Multi-Family
Property Description
Incredible investment opportunity!!! Fully brick building that ensures long lasting structural integrity. This well-maintained 6 units multi-family residential property in the heart of Garden City offers a fantastic income generating potential. Fully occupied with long term tenants (month to month basis, offering flexibility for the new owner for rent increases). Each unit features 1 spacious bedroom, 1 full bathroom, a bright and open living area, an oversize kitchen with dining area, updated mechanicals, 6 furnaces: 3 brand new (2025), 2 newer (2023), last one passed the city inspection just recently. of the units has been fully renovated 2/25, separate utilities, laundry facilities in the building, on-site parking, Security cameras, and smart door-entry, providing safe and comfort living spaces for tenants. The property is conveniently located near shopping, dining, schools, and major roads, ensuring strong rental demand. Don't miss this rare chance to expand your portfolio! The Certificate of Occupancy / Rental Certificate is ready and transferable to the new owner.
Location
State MI
County Wayne
Area Garden City (82082)
Zoning Commercial
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Slab
Water Public Water
Structure Type Brick
Schools
School District Garden City School District
Others
Ownership Private
Assessment Amount $521
Energy Description Natural Gas
Acceptable Financing Cash
Listing Terms Cash
Financing Cash,Conventional
Read Less
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Bought with LPS