Garden City, MI 48135,31245 KRAUTER ST
$1,078,000
$1,078,000
Est.Price: ?

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22 BD
2,015 SqFt

31245 KRAUTER ST Garden City, MI 48135

Est. payment /mo
SOLD DATE : 06/21/2019

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Key Details

Sold Price $1,078,000

Property Type Commercial

Sub Type Apartments

Listing Status Sold

Purchase Type For Sale

Square Footage 2,015 sqft

Price per Sqft $534

Subdivision Birch-Lawn Sub

MLS Listing ID 219060244

Sold Date 06/21/19

Bedrooms 22

Originating Board Realcomp II Ltd

Year Built 1968

Annual Tax Amount $23,540

Lot Size 0.900 Acres

Acres 0.9

Lot Dimensions 200.00X142.00

Property Description

ABSOLUTELY STELLAR INVESTMENT!! YOU CANNOT BEAT IT ON THE CORNER OF FORD AND MERRIMAN IN GARDEN CITY, THIS FULLY OCCUPIED, 23 UNIT APARTMENT BUILDING IS MAINTENANCE FREE!! PURCHASE AND START PROFITING, $111,990 PER YEAR NET CONSISTENTLY AFTER ALL EXPENSES PAID!! PROPERTY HAS BEEN EXTREMELY WELL MAINTAINED BY OWNER WITH A BRAND NEW ROOF REPLACED IN 2014, FULLY REPAVED PARKING LOT (2011), NEW FENCE (2012), ALL NEW HALLWAY WINDOWS (2012), ALL EXTERIOR DOORS (2003), NEW INTERCOM SYSTEM (2005), ALL BALCONIES AND RAILS (2007), ALL WINDOWS AND PATIO DOORS THROUGHOUT ENTIRE COMPLEX (1998), 48 CAR CARPORT IN PARKING LOT.. AND 80% OF UNITS HAVE HAD UPDATED KITCHENS, UPDATED TILE, AND UPDATED INTERIOR FLOORING! IT DOES NOT GET MUCH BETTER THAN THIS A 100% OCCUPIED BUILDING VERY WELL TAKEN CARE OF BY SAME OWNER FOR ALMOST 30 YEARS WITH HUNDREDS OF THOUSANDS WORTH OF UPGRADES!! TURN KEY MUST SEE!

Location

State MI

County Wayne

Area Garden City

Zoning Multi-Family

Direction corner of ford rd and merriman

Interior

Heating Baseboard

Heat Source Natural Gas

Exterior

Road Frontage Paved

Building

Foundation Slab

Sewer Sewer-Sanitary

Water Municipal Water

Level or Stories 3 Story

Structure Type Brick

Schools

School District Garden City

Others

Tax ID 35006010014000

Ownership Private Owned,Short Sale - No

SqFt Source APPROX

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Ali T Charara of Century 21 Curran & Oberski
Bought with Century 21 Curran & Oberski

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Carrie Thompson

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+1(810) 893-3269

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