$365,000
$456,000
20.0%For more information regarding the value of a property, please contact us for a free consultation.
1,491 SqFt
SOLD DATE : 07/16/2024
Key Details
Sold Price $365,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 1,491 sqft
Price per Sqft $244
Subdivision S/P # 01 Cty Richmond
MLS Listing ID 20230098628
Sold Date 07/16/24
Originating Board Realcomp II Ltd
Year Built 1952
Annual Tax Amount $4,638
Lot Size 3.500 Acres
Acres 3.5
Lot Dimensions 117.00 x 1303.00
Property Description
Apartments are a plausible, probable thing. The City seems to understand the community needs well. With 3-1/2 acres on a 117 x 1303 foot lot there is plenty of room for a comfortable and marketable apartment complex. The property is zoned office; however, the City of Richmond is open to ideas. There are sidewalks so the property is very walkable. Property has City water and sewer. House is a teardown with no inside showings. This is a great setting to make a prosperous investment.
Location
State MI
County Macomb
Area Richmond
Zoning Commercial,Multi-Family,Office,Residential
Direction South side of town between 26 mile & Gratiot
Interior
Heating Forced Air
Heat Source Natural Gas
Exterior
Waterfront no
Roof Type Asphalt
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 1 Story
Structure Type Other
Schools
School District Richmond
Others
Tax ID 0601426019
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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Bought with Berkshire Hathaway HomeServices Kee Realty
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