13521 E MCNICHOLS Road Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
Key Details
Property Type Multi-Family
Sub Type Ranch
Listing Status Active
Purchase Type For Sale
Square Footage 3,140 sqft
Price per Sqft $111
Subdivision Michael Greiner Estate (Plats)
MLS Listing ID 20230066307
Style Ranch
Bedrooms 5
Full Baths 7
Originating Board Realcomp II Ltd
Year Built 1953
Annual Tax Amount $5,892
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60.00 x 100.00
Property Description
Great Investment Opportunity!!! Well Maintained, Stabilized and Producing 7 unit Apartment Building. Offered at 8.5% CAP rate.
2023 Net income is $29,890. Projected gross income once fully leased $70,980. Landlord pays water, electric. Needs advance notice to show. Do not disturb tenants.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Commercial,Multi-Family
Direction McNichols & Gratiot
Interior
Heating Heat Pump
Cooling Window Unit(s)
Fireplace no
Heat Source Heat Pump,Electric
Exterior
Pool No
Waterfront no
Road Frontage Paved
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Ranch
Level or Stories 1 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed No
Tax ID W21I020311S
Ownership Short Sale - No,Private Owned
Assessment Amount $900
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional