$190,000
$240,000
20.8%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
11,454 SqFt
SOLD DATE : 06/23/2017
Key Details
Sold Price $190,000
Property Type Commercial
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 11,454 sqft
Price per Sqft $16
Subdivision Franklin Park (Plats)
MLS Listing ID 215113822
Sold Date 06/23/17
Bedrooms 14
Originating Board Realcomp II Ltd
Year Built 1962
Annual Tax Amount $5,339
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 161.50X100.00
Property Description
STABILIZED CASH FLOWING 14 UNIT BRICK GARDEN STYLE TWO STORY APARTMENT BUILDING LOCATED WEST OF THE SOUTHFIELD
FWY ON W. CHICAGO ST. CLOSE TO MAJOR PUBLIC TRANSPORTATION HUBS, GROCERY, AND RETAIL. THE PROPERTY IS OUTFITTED
WITH A HOT WATER / BASEBOARD SYSTEM AND THE UNITS ARE SEPARATELY METERED FOR ELECTRICITY. CHICAGO
APARTMENTS HAS 11 ONE BEDROOM UNITS WHICH RENT FOR $440 & 3 TWO BEDROOM UNITS WHICH RENT FOR $525. SELLER WILL ACCEPT $215K CASH IF THE OFFERI IS 100% CASH AND CLOSES IN 45 DAYS OR LESS.
Location
State MI
County Wayne
Area Det: Joy-Schoolcraft Grnfld-Limi
Zoning Residential
Direction Chicago to address on the South side of street.
Interior
Hot Water Natural Gas
Heating Baseboard
Heat Source Natural Gas
Exterior
Roof Type Asphalt
Road Frontage Paved
Building
Foundation Basement
Sewer Sewer at Street
Water Municipal Water
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W22I003788C95
Ownership Private Owned,Short Sale - No
SqFt Source PRD
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
©2024 Realcomp II Ltd. Shareholders
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "