$1,240,000
$1,400,000
11.4%For more information regarding the value of a property, please contact us for a free consultation.
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
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2024 Realcomp II Ltd. Shareholders
Bought with Unidentified Office
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "