Detroit, MI 48223,18742 SCHOOLCRAFT

$500,000

$515,000

2.9%
Est.Price: ?

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Est. payment /mo

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

Pool No

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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Realcomp MLS
Listed by O Sheard Realty LLC
Bought with O Sheard Realty LLC
agent-avatar

+1(248) 550-1101

brett@brettsmithrealty.com

28780 John R Rd, Madison Heights, MI, 48071, USA

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