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13535 E MCNICHOLS Road Detroit, MI 48205
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Key Details
Sold Price $935,000
Property Type Multi-Family
Sub Type High Rise
Listing Status Sold
Purchase Type For Sale
Square Footage 19,000 sqft
Price per Sqft $49
Subdivision Michael Greiner Estate (Plats)
MLS Listing ID 20230011476
Sold Date 06/20/24
Style High Rise
Bedrooms 23
Full Baths 23
Originating Board Realcomp II Ltd
Year Built 1958
Annual Tax Amount $13,421
Lot Size 0.410 Acres
Acres 0.41
Lot Dimensions 98.00 x 180.00
Property Description
Great Investment Opportunity!!! Well Maintained, Stabilized and Producing 23 unit Apartment Building. Next door - 13521 (7 units) McNichols is also available for sale. Properties are next to each other and might be sold together. Currently producing at a $182000k a year Gross . Current Net income is $134,000
Projected gross income once fully leased $202,000.00
23 - one bedrooms units
Landlord pays water, gas, electric. Needs advance notice to show. Do not disturb tenants.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Multi-Family
Direction Off McNichols
Rooms
Basement Finished
Interior
Interior Features Smoke Alarm, Cable Available, Carbon Monoxide Alarm(s)
Heating Radiant
Fireplace no
Heat Source Electric
Exterior
Garage Spaces 30.0
Roof Type Asphalt
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style High Rise
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W21I020312C3
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Berkshire Hathaway HomeServices The Loft Warehouse
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