$549,000
$699,900
21.6%For more information regarding the value of a property, please contact us for a free consultation.
8,833 SqFt
SOLD DATE : 11/27/2018
Key Details
Sold Price $549,000
Property Type Commercial
Sub Type Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 8,833 sqft
Price per Sqft $62
Subdivision Tuxedo Park Sub
MLS Listing ID 218017502
Sold Date 11/27/18
Originating Board Realcomp II Ltd
Year Built 1969
Annual Tax Amount $5,503
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 1850X110
Property Description
This 7 unit strip (8,833sf) is currently leased by 4 tenants. Three tenants have been in place since 1968, new spa in place for 15 months. Center can be split into 7 actual units and has 7 H-Vacs, for each unit. Well maintained & updated in 2017.Tenants pay own utilities, exterior lighting and repair H-vacs, hot water heaters, electical & plumbing.Please do not bother tenants. Investment property. Purchase and start making money at closing! No needed repairs or tenants to fill spaces. 100% occupancy. Contact agent for information. Do not approach tenants.
Location
State MI
County Oakland
Area Madison Heights
Zoning Commercial
Direction North side of 11 Mile Road, 1 Block east of John R.
Interior
Hot Water Natural Gas
Heating Packaged Heat/Cool
Heat Source Natural Gas
Exterior
Pool No
Utilities Available 220V Available, Cable TV, Handicap Access
Roof Type Asphalt
Accessibility Disabled Access
Road Frontage Class B
Building
Foundation Slab
Sewer Sewer-Sanitary
Water Municipal Water
Level or Stories 1 Story
Structure Type Block/Concrete/Masonry,Brick
Schools
School District Madison (Madison Hts.)
Others
Tax ID 2513358023
Ownership Private Owned,Short Sale - No
SqFt Source PRD
Acceptable Financing Cash, Conventional
Rebuilt Year 2016
Listing Terms Cash, Conventional
Financing Cash,Conventional
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