$407,500
$449,000
9.2%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
4,810 SqFt
SOLD DATE : 06/17/2020
Key Details
Sold Price $407,500
Property Type Multi-Family
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,810 sqft
Price per Sqft $84
Subdivision Whitcomb Sub
MLS Listing ID 2200000511
Sold Date 06/17/20
Style Other
Bedrooms 8
Full Baths 8
Originating Board Realcomp II Ltd
Year Built 1966
Annual Tax Amount $10,995
Lot Size 10,018 Sqft
Acres 0.23
Lot Dimensions 119.80X77.00
Property Description
Fantastic and rare opportunity to purchase excellent cash-flowing 8-unit brick apartment building in Wyandotte. You cant get any better than this! Fully occupied and turn key investment in a very desirable Wyandotte neighborhood. 3 of 8 units have been completely renovated as well as the upper and lower common areas in 2019. The other 5 units can be renovated for a value add option. Each apartment is metered separately with electric and Owner pays gas (common Boiler). C of O valid until 5/2022. New gutters installed around entire building (2019). Yearly boiler maintenance. Professionally managed. Shared washer and dryer are coin operated for an additional monthly income not factored in figures shared.
Location
State MI
County Wayne
Area Wyandotte
Zoning Multi-Family
Direction Fort Street to Eureka, head south on Eureka road, turn Right on 13th
Interior
Interior Features Cable Available, Carbon Monoxide Alarm(s), High Spd Internet Avail, Laundry Facility, Programmable Thermostat
Hot Water Common, Natural Gas
Heating Baseboard, Radiant
Cooling Ceiling Fan(s), Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Outside Lighting
Garage Spaces 8.0
Roof Type Asphalt,Composition
Accessibility Common Area
Porch Porch - Covered
Road Frontage Pub. Sidewalk
Garage no
Building
Foundation Slab
Sewer Sewer at Street, Sewer-Sanitary
Water Municipal Water, Water at Street
Architectural Style Other
Level or Stories 2 Story
Structure Type Brick,Vinyl
Schools
School District Wyandotte
Others
Pets Allowed Yes
Tax ID 57021100024002
Ownership Private Owned,Short Sale - No
Acceptable Financing Cash, Conventional, Warranty Deed
Rebuilt Year 2019
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
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