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$2,800,000
Est. payment /mo
44 Beds
44 Baths
28,406 SqFt
New
8207 Schaefer Highway Detroit, MI 48228
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 28,406 sqft
Price per Sqft $98
Subdivision Mi
MLS Listing ID 50188314
Style 2 Story
Bedrooms 44
Full Baths 36
Half Baths 8
Year Built 1957
Annual Tax Amount $64,580
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 27007
Property Sub-Type Multi-Family
Property Description
Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or self-manage. Ideal opportunity for 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

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Listed by Keller Williams Paint Creek
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