$446,200
$490,000
8.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
5 Baths
2,832 SqFt
SOLD DATE : 03/22/2021
Key Details
Sold Price $446,200
Property Type Multi-Family
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Square Footage 2,832 sqft
Price per Sqft $157
Subdivision Leggett Farm Sub
MLS Listing ID 2210007320
Sold Date 03/22/21
Style Ranch
Bedrooms 5
Full Baths 5
Originating Board Realcomp II Ltd
Year Built 1957
Annual Tax Amount $6,991
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 50X181
Property Description
Amazing opportunity to own a completely rehabbed 5 unit brick apartment building in Ferndale! Each unit features new appliances, cabinets, granite, paint and floors. New boiler. New roof - 2014. Newly landscaped. Rental certificate in place. Units currently vacant so no inherited tenants. Common utility room on site features coin operated laundry. Selling along with 2 unit duplex next door (1627 W 9 Mile - MLS #2210002508) which is zoned "MXD-2" allowing you to expand upon the land and develop an additional 4 units. Potential to have an 11 unit property in Ferndale if you acquire both properties! Perfect opportunity for the right investor!
Location
State MI
County Oakland
Area Ferndale
Zoning Commercial
Direction On 9 Mile, West of Livernois
Interior
Interior Features Laundry Facility
Hot Water Natural Gas
Heating Baseboard, Hot Water
Fireplace no
Heat Source Natural Gas
Exterior
Exterior Feature Private Entry
Garage Spaces 10.0
Roof Type Asphalt
Road Frontage Paved
Garage no
Building
Foundation Slab
Sewer Sewer-Sanitary
Water Municipal Water
Architectural Style Ranch
Level or Stories 1 Story
Structure Type Brick
Schools
School District Ferndale
Others
Pets Allowed Yes
Tax ID 2533126003
Ownership Private Owned,Short Sale - No
Acceptable Financing Cash, Conventional, FHA, VA, Warranty Deed
Rebuilt Year 2021
Listing Terms Cash, Conventional, FHA, VA, Warranty Deed
Financing Cash,Conventional,FHA,VA,Warranty Deed
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Bought with Bajoka Property Group, LLC
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