Detroit, MI 48219,17161 REDFORD ST

$190,000

$199,000

4.5%
Est.Price: ?

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Est. payment /mo

10 Beds

6,704 SqFt


SOLD DATE : 06/22/2017

Key Details

Sold Price $190,000

Property Type Commercial

Sub Type Apartments

Listing Status Sold

Purchase Type For Sale

Square Footage 6,704 sqft

Price per Sqft $28

Subdivision More Than One Legal Involved

MLS Listing ID 217015822

Sold Date 06/22/17

Bedrooms 10

Originating Board Realcomp II Ltd

Year Built 1969

Annual Tax Amount $18,216

Lot Size 1.590 Acres

Acres 1.59

Lot Dimensions 1600X8000

Property Description

Wow, what an amazing deal here! Hands off investments inside of a co-op. This deal consists of 10 units inside of a 47 unit building. The rents range from $550 to $650 per month. The co-op fee is around $200 per month and includes water, taxes, building maintenance etc. This makes for an incredible ROI that is hassle free! All 10 units are occupied and performing. Most are long term tenants that want to stay. Quiet building in a great area. Long wait lists to get in here which means $$$. Get in now before Detroit is too expensive for under 20K a door!

Location

State MI

County Wayne

Area Det - 6 To 8, Grnfld To Limits

Zoning Multi-Family

Direction North of 6 Mile, West of Lasher

Interior

Heating Forced Air

Heat Source LP Gas/Propane

Exterior

Road Frontage Class A

Building

Foundation Slab

Sewer Sewer-Sanitary

Water Municipal Water

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I014186C8

Ownership Private Owned,Short Sale - No

SqFt Source PRD

Assessment Amount $3,000

Acceptable Financing Cash, Land Contract

Listing Terms Cash, Land Contract

Financing Cash,Land Contract

Special Listing Condition Full Service

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Realcomp MLS
Listed by Gregory White of Imagine Home Realty
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