$965,000
$995,000
3.0%For more information regarding the value of a property, please contact us for a free consultation.
36 Beds
28,200 SqFt
SOLD DATE : 08/25/2021
Key Details
Sold Price $965,000
Property Type Commercial
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 28,200 sqft
Price per Sqft $34
Subdivision Wark Gilbert Security
MLS Listing ID 2210030919
Sold Date 08/25/21
Bedrooms 36
Originating Board Realcomp II Ltd
Year Built 1928
Annual Tax Amount $8,414
Lot Size 7,840 Sqft
Acres 0.18
Lot Dimensions 75.00X104.00
Property Description
Buena Vista and Gilda Apartments is a two-building portfolio consisting of 36 total units. The Buena Vista is a newly renovated, 17-unit building that includes 6 one bedroom units, 9 two bedroom units and two unfinished lower-level units. The units were completely renovated in 2020, and the building features a new roof, electrical, plumbing, HVAC, kitchens, bathrooms, exposed brick walls and appliances. The Gilda Apartments is comprised of 19 units and in need of a full renovation. Excellent opportunity to purchase a one cash-flowing building asset and add value through the renovation of the second building.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Multi-Family
Direction Google Maps
Interior
Heating Radiant
Heat Source Natural Gas
Exterior
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W12I004251S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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Bought with O'Connor Realty