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$464,900
Est. payment /mo
16 Baths
5,227 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261068992
Year Built 1929
Annual Tax Amount $49,548
Lot Size 5,227 Sqft
Acres 0.12
Lot Dimensions 34.28X120
Source Realcomp
Property Description
16-Unit Multifamily Investment Opportunity! This well-located apartment building features 9 one-bedroom units, approximately 516 sq. ft. each, and 7 studio units, approximately 288 sq. ft. each. Each unit is equipped with its own in-unit furnace and hot water tank, while heat and electric are separately metered for each unit, providing efficient utility management. A common basement laundry room adds convenience for residents. Ideally situated with mass transit directly across the street and surrounded by established multifamily properties, this property offers an attractive opportunity for investors seeking a well-positioned income-producing asset. BATVAI. Sold as is.
Location
State MI
County Wayne
Zoning Multi-Family
Direction SW corner of Oakman Blvd and American St
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W16I025186S
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"REO/Bank Owned":true}
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Listed by Benjamin Management Group, Inc
NEARBY SCHOOLS & PROPERTIES
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