22330 W WARREN Avenue new

Detroit,MI 48239

$ 995000

14 Beds

14 Baths

10540 SqFt


Key Details

Property Type Multi-Family

Sub Type Upper/Lower Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 10,540 sqft

Price per Sqft $94

Subdivision Frischkorns Park View (Plats)

MLS Listing ID 20240085714

Style Upper/Lower Apartment

Bedrooms 14

Full Baths 14

Originating Board Realcomp II Ltd

Year Built 1967

Annual Tax Amount $23,533

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 140.00 x 100.00

Property Description

Excellent opportunity to own and operate a 14 unit apartment building on the far west side of Detroit. An already well managed asset, this building falls on the immediate border of Redford and Dearborn Heights, and surrounding home values and rents contribute to a potentially bright future of appreciation. This property both cash flows now and has meat on the bones for rent increases that will lead to a higher NOI and ultimately a higher valuation as a result. Offering memorandum and rent roll available upon request.

Location

State MI

County Wayne

Area Det - Joy-Dbn Ht Grnfld-Limits

Zoning Multi-Family

Direction On Warren Ave Between Ann Arbor Trail And Outer Drive

Rooms

Basement Unfinished,Common

Interior

Heating Hot Water

Fireplace no

Heat Source Natural Gas

Exterior

Garage Spaces 10.0

Waterfront no

Road Frontage Paved

Garage no

Building

Foundation Slab,Basement

Sewer Sewer at Street

Water Public (Municipal)

Architectural Style Upper/Lower Apartment

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed No

Tax ID W22I000450C6

Ownership Short Sale - No,Private Owned

Assessment Amount $100

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Financing Cash,Conventional

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