$415,000
$415,000
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8 Beds
8 Baths
2,490 SqFt
SOLD DATE : 06/27/2023
Key Details
Sold Price $415,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $166
Subdivision Grandmont No 1 (Plats)
MLS Listing ID 20230043922
Sold Date 06/27/23
Style Upper/Lower Apartment
Bedrooms 8
Full Baths 8
Originating Board Realcomp II Ltd
Year Built 1960
Annual Tax Amount $3,077
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 67.00 x 90.00
Property Description
This is an unusual opportunity. An eight unit apartment complex, which is presently rented far below market rates. Located in Grandmont subdivision which is an excellent location for rentals. Tenants pay electricity and owner pays gas and water. It has excellent curb appeal. Owner has owned it for over 35 years and is ready to retire again. Building has a new boiler less than one year old. This is a very nice building and a very nice area of the city. This building has great potential.
Location
State MI
County Wayne
Area Det - Schcraft-6 Grnfld-Limits
Zoning Multi-Family,Residential
Direction Southfield fwy south from 7 mile to Schoolcraft + right on Schoolcraft
Rooms
Basement Unfinished
Interior
Interior Features Smoke Alarm, Circuit Breakers
Heating Steam
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Lighting, Private Entry
Garage Spaces 7.0
Roof Type Asphalt
Porch Balcony, Terrace
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Upper/Lower Apartment
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed No
Tax ID W22I009659C61
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash, Conventional, FHA, VA, Warranty Deed
Rebuilt Year 2020
Listing Terms Cash, Conventional, FHA, VA, Warranty Deed
Financing Cash,Conventional,FHA,VA,Warranty Deed
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Bought with O Sheard Realty LLC
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