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Key Details
Sold Price $800,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 19,514 sqft
Price per Sqft $40
Subdivision Hitchmans Little Farms
MLS Listing ID 58050116950
Full Baths 27
Year Built 1965
Annual Tax Amount $12,728
Lot Size 0.590 Acres
Property Description
27-unit gated brick apartment complex constructed in 1965 with nice curb appeal is 70% occupied. 6 two bedroom units and 21 one bedroom units. Leases under market rent with ability to sign new leases at higher amount. Boiler and other capital improvements have been made with most units updated. Large parking lot for tenants and property manager in place. Cash buyers only
Location
State MI
County Wayne
Area Det - Schcraft-6 Grnfld-Limits
Interior
Heating Forced Air, Separate Meters
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
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Bought with Non-Mls
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