255 Merton Road

Highland Park, Michigan 48203

  • 30 Bed(s)
  • 30 Bath(s)
  • 18,096 Sqft
  • 0.39
    Acre(Lot)
$1,500,000

Description

Financing in place-just bring a buyer ready to put 20-30% down all units are 2br/2ba and +1,000sqft one gas, one water meter (landlord pays water and gas) tenants pay electric meticulously maintained 15 parking spaces in rear. current rents are below market. excellent value add opportunity!

  • Property Type

    Multifamily

  • County

    Wayne

  • Style

    Common Entry Building,Upper/Lower Apartment

  • AD ID

    50433891

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Property Details

  • Bathroom Information

    • Total Baths: 30
    • Full Baths: 30

    Interior Features

    • Basement Description: Unfinished,Common

    Heating & Cooling

    • Heating: Baseboard
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1952
    • Building Stories: 2 Story
    • Total Units: 15
    • Foundation/Basement: Basement
    • Architecture: Common Entry Building,Upper/Lower Apartment

    Exterior Features

    • Construction: Brick

    Utility Features

    • Sewer: Public Sewer (Sewer-Sanitary)

    Water

    • Public (Municipal)

  • Lot Information

    • Lot Size: 0.39
    • Dimensions: 140X120

    Property Information

    • SQ ft: 18096
    • Subdivision: Merrill Palmer Also Pg 55
    • Financing: Cash,Conventional

  • Listing Price Information

    • Original List Price: $1,500,000

    Listing Information

    • Possession: At Close
    • Legal Description: S MERTON 187-184 MERRILL-PALMER SUB L45 P54-5 PLATS, W C R 2/152 140 X 120

  • Tax Information

    • Annual Tax: $40,756
    • Parcel Number: 020025445

    Possession

    • At Close

    Legal Information

    • Legal Description: Section: S MERTON 187-184 MERRILL-PALMER SUB L45 P54-5 PLATS, W C R 2/152 140 X 120

  • Multi-Unit Information

    • Road Frontage: Paved

    Unit 2 Information

    • # of Bedrooms: 15

  • Utility Information

    • Water:Public (Municipal)
    • Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 07/23/2025 @ 08:10

  • MLS: 631397404
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: Realcomp II Ltd

is a Multifamily, with 30 bedrooms which is for sale, it has 18,096 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.