$500,000
$515,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
8 Baths
2,490 SqFt
SOLD DATE : 07/31/2024
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 2,490 sqft
Price per Sqft $200
Subdivision Grandmont No 1 (Plats)
MLS Listing ID 20240039490
Sold Date 07/31/24
Style Upper/Lower Apartment
Bedrooms 8
Full Baths 8
Originating Board Realcomp II Ltd
Year Built 1960
Annual Tax Amount $3,189
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 67.00 x 90.00
Property Description
This is an unusual opportunity. An Eight Unit Apartment complex which is presently rented far below market rates. Located in Grandmont Subdivision which is an excellent location for rentals. Tenants pay electricity and owner pays gas & water. It has excellent curb appeal. You must see to appreciate. There is a new hot water tank - less than 2 years old.
Location
State MI
County Wayne
Area Det - Schcraft-6 Grnfld-Limits
Zoning Commercial,Multi-Family,Residential
Direction Southfield Fwy South from 7 Mile to Schoolcraft and right on Schoolcraft.
Rooms
Basement Unfinished, Walkout Access, Common
Interior
Interior Features Smoke Alarm, Circuit Breakers
Heating Steam
Cooling Window Unit(s)
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Lighting, Private Entry
Garage Spaces 7.0
Waterfront no
Roof Type Asphalt
Porch Balcony, Porch, Terrace
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary), Sewer at Street
Water Public (Municipal), Water at Street
Architectural Style Upper/Lower Apartment
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed No
Tax ID W22I009659C61
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash, Conventional, FHA, VA, Warranty Deed
Rebuilt Year 2020
Listing Terms Cash, Conventional, FHA, VA, Warranty Deed
Financing Cash,Conventional,FHA,VA,Warranty Deed
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©2024 Realcomp II Ltd. Shareholders
Bought with O Sheard Realty LLC
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Managing Partner | License ID: 6506046014
280 North Old Woodward Avenue, Suite 100, Birmingham, MI, 48009, United States