Description
Great investment opportunity! newly updated 20 unit occupied apartment building with leases in place in a convenient location. find your way downtown in less 10 minutes or to midtown in just 5 minutes!the building comes with ample parking in an attached concrete lot directly next to building. the entire building has been rental certified and has passed lead inspection by the city of detroit. there are 10 one bedroom units and 10 studio units. the majority of all units have newer flooring, paint, and lighting. all unit doors have are equipped steel doors with keyless/digital entry as well as deadbolt locks. all units have their own electric meter along with heating and cooling units. each unit is separately metered. all tenant pay thier own electric bills. all one bedroom units have newfurnaces and ac units. each studio units have new mini-split systems that have heat and ac. the majority of the plumbing stacks have been replaced. the front door has new hinges and locking mechanism, the back door is an all new steel door. the roof was aluminum seal coated in 2016. the hot water tank was replaced for the entire building in 2016. the entire building has newer windows. all common areas have new led light fixtures. a new camera system has been installed throughout the entire building and outside.
Property Type
MultifamilyCounty
WayneStyle
MultifamilyAD ID
45986504
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Property Details
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Interior Features
Interior Features
- Roof : Rubber
Heating & Cooling
- Heating: Radiant
- Heating Fuel: Natural Gas
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Exterior Features
Building Information
- Year Built: 1927
- Total Units: 20
- Roof: Rubber
Utility Features
- Sewer: Public Sewer (Sewer-Sanitary)
Water
- Public (Municipal)
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Property / Lot Details
Lot Information
- Lot Size: 0.15
- Dimensions: 45.00X140.00
Property Information
- Financing: Cash,Conventional
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Listing Information
Listing Price Information
- Original List Price: $900,000
Listing Information
- Possession: Subject To Tenant Rights
- Legal Description: S SCOVEL PLACE 5 E 1/2 4 MC LAUGHLINS SUB L22 P53 PLATS, W C R 12/106 45 X 140.18
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Taxes / Assessments
Tax Information
- Annual Tax: $12,844
- Parcel Number: 12009873
Possession
- Subject To Tenant Rights
Legal Information
- Legal Description: Section: S SCOVEL PLACE 5 E 1/2 4 MC LAUGHLINS SUB L22 P53 PLATS, W C R 12/106 45 X 140.18
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Parking Information
- Parking: 12
Multi-Unit Information
- Road Frontage: Paved
Unit 1 Information
- # of Bedrooms: 1
-
School, Utilities & Location Details
Utility Information
- Water:Public (Municipal)
- Sewer:Public Sewer (Sewer-Sanitary)
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BuyOwner last updated this listing 05/10/2025 @ 07:34
- MLS: 608987992
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: Realcomp II Ltd
is a Multifamily, with 1 bedrooms which is for sale, it has 0 sqft, 0 sized lot, and 0 parking. are nearby neighborhoods.