4
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$4,800,000
Est. payment /mo
88 Beds
64 Baths
50,478 SqFt
New
21400 W 7 Mile Road Detroit, MI 48219
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 50,478 sqft
Price per Sqft $95
Subdivision Mi
MLS Listing ID 50188303
Style 2 Story
Bedrooms 88
Full Baths 64
Year Built 1955
Annual Tax Amount $118,014
Lot Size 2.280 Acres
Acres 2.28
Lot Dimensions 99317
Property Sub-Type Multi-Family
Property Description
64-unit brick apartment complex in 8 buildings that are connected situated on 2.28 acre site with nice curb appeal and location is 75% occupied. 24 two bedroom units and 40 one bedroom units. New electrical & plumbing have been completed to buildings of the 16 vacant units that need to be rehabbed. All other units have been remodeled! All units have individual furnaces which is paid for by tenants. Large parking lot for tenants and property management office and property manager in place. Ideal opportunity for all cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Boiler
Fireplace No
Building
Story 2 Story
Foundation Basement
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Private
SqFt Source Realist
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Paint Creek
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