2255 Webb Street

Detroit, Michigan 48206

  • 0 Bed(s)
  • 156 Bath(s)
  • 150,689 Sqft
  • 4.87
    Acres(Lot)
$6,850,000

Description

Calling all investors!! this russell woods apartment complex has 156 units and is an add value investment/opportunity!! 60% occupied! 100 one bed/one bath and 56 two beds/one bath units. occupied units are in great condition. vacant units just need turned and rented. this complex is made up of 12 plus buildings on one plot of land! rare find. fenced property. some of the roofs have been updated/replaced. most of the windows have been updated to vinyl. half the complex is boiler heat and the other half has furnaces in each unit. great mix! good rents. located in the great russell woods community of detroit! this will be a cash cow once units are turned and fully occupied! serious buyers only please!

  • Property Type

    Multifamily

  • Subdivision

    Oakman & Stoll

  • County

    Wayne

  • Style

    Multifamily

  • AD ID

    49479926

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Property Details

  • Bathroom Information

    • Total Baths: 156
    • Full Baths: 156

    Heating & Cooling

    • Heating: Forced Air,Separate Meters,Steam
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1948
    • Building Stories: 2 Story
    • Total Units: 156
    • Foundation/Basement: Basement

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 4.87
    • Dimensions: 212137

    Property Information

    • SQ ft: 150689
    • Subdivision: Oakman & Stoll
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $6,850,000

    Listing Information

    • Possession: At Close
    • Legal Description: S WEBB S 120 FT OF 64 THRU 46 EXC A TRIANG POR OF 46 BG THE W 0.27 FT ON THE N LN & THE N 37.24 FT ON THE W LN OF SD LOT A TRIANG POR OF 45 BG THE E 0.60 FT ON THE S LN & THE S 82.76 FT ON THE E LN OF SD LOT 108 THRU 126 PT OF 127 BG THE E 0.80 FT ON THE N LN & THE E 1.60 FT ON THE S LN OF SD LOT & VAC ALLEY ADJ & VAC BURLINGAME AVE ADJ ALSO PT OF 149 EXC A TRIANG POR BG THE E 10.24 FT ON THE S LN & THE S 65.30 FT ON THE E LN OF SD LOT 148 THRU 131 PT OF 130 BG THE E 2 FT ON THE N LN & THE E 2.8 0 FT ON THE S LN OF SD LOT & N 1/2 OF VAC ALLEY LYG S & ADJ TO SD LOTS OAKMAN & STOLL'S SUB L29 P92 PLATS, W C R 8/125 569.73 IRREG

  • Tax Information

    • Annual Tax: $186,732
    • Parcel Number: 08003410002L

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S WEBB S 120 FT OF 64 THRU 46 EXC A TRIANG POR OF 46 BG THE W 0.27 FT ON THE N LN & THE N 37.24 FT ON THE W LN OF SD LOT A TRIANG POR OF 45 BG THE E 0.60 FT ON THE S LN & THE S 82.76 FT ON THE E LN OF SD LOT 108 THRU 126 PT OF 127 BG THE E 0.80 FT ON THE N LN & THE E 1.60 FT ON THE S LN OF SD LOT & VAC ALLEY ADJ & VAC BURLINGAME AVE ADJ ALSO PT OF 149 EXC A TRIANG POR BG THE E 10.24 FT ON THE S LN & THE S 65.30 FT ON THE E LN OF SD LOT 148 THRU 131 PT OF 130 BG THE E 2 FT ON THE N LN & THE E 2.8 0 FT ON THE S LN OF SD LOT & N 1/2 OF VAC ALLEY LYG S & ADJ TO SD LOTS OAKMAN & STOLL'S SUB L29 P92 PLATS, W C R 8/125 569.73 IRREG

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 04/26/2025 @ 01:55

  • MLS: 625668878
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 0 bedrooms which is for sale, it has 150,689 sqft, 5 sized lot, and 0 parking. are nearby neighborhoods.