$1,400,000
$1,850,000
24.3%For more information regarding the value of a property, please contact us for a free consultation.
29,760 SqFt
SOLD DATE : 01/28/2016
Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 29,760 sqft
Price per Sqft $47
Subdivision Schultz Estates
MLS Listing ID 58031250111
Sold Date 01/28/16
Originating Board MiRealSource
Year Built 1972
Annual Tax Amount $34,461
Lot Size 1.780 Acres
Acres 1.78
Property Description
GREAT INVESTMENT OPPORTUNITY. Located in the heart of Clinton Twp! do not disturb tenants. Inspection and viewing shall be after accepted purchase agreement. 100% occupancy, 3 building 24 unit complex. 16 two bedroom units and 8 one bedroom units. Many units have updated mechancials (furnace, A/C & HWT). Covered parking for all tenants. Basement contains storage unit/ laundry room for each unit. Property produces great net operating income, see attached income & expense sheet. Run the numbers and bring us an offer!
Location
State MI
County Macomb
Area Clinton Twp
Zoning Multi-Family
Direction South of Garfield East of 19 Mile Rd
Interior
Hot Water Natural Gas
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Asphalt
Building
Foundation Basement
Sewer Sewer-Sanitary
Water Municipal Water
Others
Tax ID 161108179004
SqFt Source Estimated
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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