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$4,800,000
Est. payment /mo
64 Baths
50,478 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 50,478 sqft
Price per Sqft $95
Subdivision Stollman 3 Also Pg 51
MLS Listing ID 58050188303
Full Baths 64
Year Built 1955
Annual Tax Amount $118,014
Lot Size 2.280 Acres
Acres 2.28
Lot Dimensions 99317
Source MiRealSource
Property Description
64-unit brick apartment complex in 8 buildings that are connected situated on 2.28 acre site with nice curb appeal and location is 75% occupied. 24 two bedroom units and 40 one bedroom units. New electrical & plumbing have been completed to buildings of the 16 vacant units that need to be rehabbed. All other units have been remodeled! All units have individual furnaces which is paid for by tenants. Large parking lot for tenants and property management office and property manager in place. Ideal opportunity for all cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!
Location
State MI
County Wayne
Area Det - 6 To 8, Grnfld To Limits
Interior
Heating Separate Meters, Steam
Fireplace no
Heat Source Natural Gas
Exterior
Garage no
Private Pool No
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID 22016835
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Listed by Justin Zehel of Keller Williams Paint Creek
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