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Additional details
$ 4,800,000
Est. payment /mo
Active
21400 W 7 Mile RD Detroit, MI 48219
88 Beds
64 Baths
50,478 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 50,478 sqft
Price per Sqft $95
Subdivision Stollman 3 Also Pg 51
MLS Listing ID 58050188303
Bedrooms 88
Full Baths 64
Year Built 1955
Lot Size 2 Sqft
Property Sub-Type MultiFamily
Property Description
64-unit brick apartment complex in 8 buildings that are connected situated on 2.28 acre site with nice curb appeal and location is 75% occupied. 24 two bedroom units and 40 one bedroom units. New electrical & plumbing have been completed to buildings of the 16 vacant units that need to be rehabbed. All other units have been remodeled! All units have individual furnaces which is paid for by tenants. Large parking lot for tenants and property management office and property manager in place. Ideal opportunity for all cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!
Location
State MI
County Wayne
Area Area05032Det6To8Grnfldtolimits
Interior
Heating NaturalGas, SeparateMeters, Steam
Exterior
View Y/N No
Building
Foundation Basement
Sewer PublicSewer
Water Public
Schools
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
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Listed by Justin Zehel of Keller Williams Paint Creek
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