Brighton Twp, MI 48116,10612 GRAND RIVER Road

$1,240,000

$1,400,000

11.4%
Est.Price: ?

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Est. payment /mo

9 Beds

9 Baths

7,382 SqFt


SOLD DATE : 08/26/2024

Key Details

Sold Price $1,240,000

Property Type Multi-Family

Sub Type Other

Listing Status Sold

Purchase Type For Sale

Square Footage 7,382 sqft

Price per Sqft $167

MLS Listing ID 20240048782

Sold Date 08/26/24

Style Other

Bedrooms 9

Full Baths 9

Originating Board Realcomp II Ltd

Year Built 1960

Annual Tax Amount $16,520

Lot Size 1.700 Acres

Acres 1.7

Lot Dimensions 168.00 x 440.00

Property Description

The ONE11 Residences – Brighton are located in Brighton, Michigan on Grand River Rd. The building consists of 9 apartment units with plenty of parking. The property is currently 100% occupied grossing over $10,325 per month. Of the 9 apartment units, eight of them are 2 bedroom 1 bath (740 square feet), and the other is a 1 bedroom 1 bath. All 9 units have been completely renovated from top to bottom in the past two years. The entire parking lot was redone last year with new asphalt, all new water heaters, freshly painted exterior, new lighting, signage, and addresses. There is plenty of parking which is included in the rent. Also included in the rent are newly built storage units in the lower level. The building heated through baseboard heat powered by a boiler, and the tenants have window AC units to keep the apartment cool in the summer. Landlord pays for water and heat, the tenant pays for electricity through the individually metered units. Landlord is reimbursed by Tenants for Gas & Water.

Location

State MI

County Livingston

Area Brighton Twp

Zoning Commercial

Direction E Grand River Ave & Superior Dr

Rooms

Basement Unfinished

Interior

Heating Baseboard, Hot Water

Fireplace no

Heat Source Electric

Exterior

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Other

Level or Stories 2 Story

Structure Type Brick

Schools

School District Brighton

Others

Pets Allowed Yes

Tax ID 1233300008

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Timothy Shayoka of Prime Real Estate Co, LLC
Bought with Unidentified Office
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