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$420,000
Est. payment /mo
3,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,400 sqft
Price per Sqft $123
MLS Listing ID 20261079877
Year Built 1957
Annual Tax Amount $5,108
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 43.5X100
Source Realcomp
Property Description
Six-unit multifamily investment property located directly across the street from the Dearborn border, consisting of five one-bedroom units and one studio. The property is fully occupied and offers a strong value. All units have been recently renovated, the property offers excellent potential for increased rental income and long-term value appreciation.The property features a brand-new roof, brand-new boiler, new water heater, and newer vinyl windows throughout, significantly reducing near-term major capital expenditure concerns. The building is well positioned for an investor seeking a fully occupied multifamily property with additional upside through renovations and improved rental income.Owner currently pays water, gas, and dumpster expenses. Financial information and rental projections are based on seller-provided information and current market conditions. Buyer and buyer's agent to independently verify all information, including rents, expenses, property condition, taxes, utilities, zoning, and projected income.
Location
State MI
County Wayne
Zoning Residential
Direction Tireman and Greenfield
Interior
Heating Hot Water
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I001877C8
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Listed by Apex Realty Centers
NEARBY SCHOOLS & PROPERTIES
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