0 photos
9
Full Baths6,600
Square Feet
Incredibly well located Pre War Brick Multifamily adjacent to Grosse Pointe Park. Aside from being in the direct path of rapid development, this building has the benefits of being WALKABLE to downtown Grosse Pointe Park areas for shopping, dining and services but without the hefty taxes. It is also close to bus stops and bike lanes for access to new retail development on Jefferson and Mack. 6 fully updated units with appliances. Five occupied with section 8 and private one year leases. 2022-2023 updates include 68 replacement windows , 75 Gallon hot water heater, exterior improvements, glass block basement windows, 2 sets of card operated laundry machines, actively serviced & maintained sewer and water lines, individual meters and professionally managed. Take advantage of this land contract opportunity to add large potential to your growing portfolio. The hard work is done, own 9 doors under one roof with the chance to place your own new tenants, and pick up the recent capital improvements with your own basic maintenance program. Smart investors don't wait to buy multifamily buildings, they buy multifamily and wait. Adjacent parcel(s) DLBA BATVAI
Type
- Multi Family
City/Township
- Detroit
Year Built
- 1925
MLS#
- 20240029767
Lot Size
- 0.07 Acres
Style
- Common Entry Building, Other, Upper/Lower Apartment
Est. Finished Above Ground
- 5,600 sq ft
Special Features
-
Carbon Monoxide Alarm(s), ENERGY STAR® Qualified Window(s), Egress Window(s), High Spd Internet Avail, Laundry Facility, Other, Programmable Thermostat, Smoke Alarm
Basement
- Partially Finished
Road Type
- Paved, Pub. Sidewalk
Listed By
- Re/Max Leading Edge
County
- Wayne
Schools
District
- Detroit
Taxes
Taxes
- $10,824
MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
---|---|---|---|---|---|---|---|
20240029767 | Active | May 3 2024 4:25PM | $595,000 | 16 |