Six-unit multifamily property consisting of five one-bedroom units and one studio. Located directly across the street from the Dearborn border. Property is currently 33% occupied with two tenants in place paying $900 and $700 per month. Four units have been recently renovated and are projected to lease at approximately $950… Read More per month each. Projected gross income at full occupancy is approximately $64,800 annually. The property features a brand-new roof, brand-new boiler, and new water heater, significantly reducing major capital expenditure concerns. In addition, the building has newer vinyl windows throughout. Two units are outdated but functional. Opportunity to increase value through lease-up and strategic updates to the remaining outdated units. Buyer and buyer's agent to verify all information. Read Less
Courtesy of Pro Realty Group.
Listing Snapshot
Days Online
45
Last Updated
Property Type
Commercial/Industrial
Square Ft.
3,400
Lot Size
0.1 Acres
MLS Number
60969652
Additional Details
Property Access
Paved Street
Building
3,400 square feet
Exterior Features
Brick
Foundation
Slab
Water Features
Public Water
Lot
0.1 acres, Lot size: 43.5X100
Property
Apartment Bldg, Residential, Commercial
Taxes
Total amount: $3,508
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Confirm your time
Fill in your details and we will contact you to confirm a time.