Incredibly well located Pre War Brick Multifamily adjacent to Grosse Pointe Park.

Aside from being in the direct path of rapid development, this building has the benefits of being WALKABLE to downtown Grosse Pointe Park areas for shopping, dining and services but without the hefty taxes. It is also close to bus stops and bike lanes for access to new retail development on Jefferson and Mack. 6 fully updated unts with appliances. Six occupied with section 8 and private one year leases. 2022-2023 updates include 68 replacement windows , 75 Gallon hot water heater, exterior improvements, glass block basement windows, 2 sets of card operated laundry machines, actively serviced and maintained sewer and water lines, individual meters and professionally managed.

Take advantage of this opportunity to add large potential to your growing portfolio. The hard work is done, own 9 doors under one roof with the chance to place your own new tenants and pick up the recent capital improvements with your own basic maintenance program. Smart investors don't wait to buy multifamily buildings, they buy multifamily and wait. Adjacent parcel(s) DLBA BATVAI

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on 14800 E Vernor Hwy
in Detroit, MI
Presented by Heather Dell at
RE MAX Leading Edge.


Property MLS #20240029767 from Realcomp

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+ Bedrooms

Bedrooms: 7

+ Bathrooms

Total Bathrooms: 9 / 0
Full Bathrooms: 9

+ Interior Features

Smoke Alarm
Carbon Monoxide Alarm(s)
Egress Window(s)
ENERGY STAR Qualified Window(s)
High Spd Internet Avail
Laundry Facility
Programmable Thermostat

+ Heating and Cooling

Heating Features: Hot Water, Radiant, Steam
Heating Fuel: Natural Gas
Water Heaters: Natural Gas

+ Other Rooms

Basement Description: Partially Finished

+ Exterior and Lot Features

Frontage Length: 32
Road Frontage Type: Paved, Pub. Sidewalk

+ Land Info

Lot Size Acres: 0.07
Lot Size Dimensions: 32.00 x 100.00
Lot Size Square Feet: 3049

+ Rental Info

Gross Scheduled Income: 65148.00
Rent Includes: Heat, Water

+ Multi-Unit Info

Number of Units: 9
Number of Studio Units: 2
Number of 1 Bedroom Units: 7

+ School Information

School District: Detroit
+ Display Complete School Details

Carstens Elementary-Middle School is a public elementary and middle school located approximately 1.3 miles away.
Map directions

East English Village Preparatory Academy is a public high school located approximately 2 miles away.
Map directions

Grosse Pte Christian Day School is a private elementary and middle school located approximately 0.3 miles away.
Map directions

+ Homeowners Association

Pets Allowed: Call

+ Other Property Info

ActivationDate : 2024-05-03
Annual Tax Amount: 10824
Source Listing Status: Active
County: Wayne
Directions: East Vernor west of Alter and north of Kercheval
Source Property Type: Multifamily
Area: Det: Mcclellan East/Mack To Shor
Source Neighborhood: C B SHERRARD SUB (PLATS)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: W21I062064S
Postal Code Plus 4: 2587
Subdivision: C B SHERRARD SUB (PLATS)
Zoning: Multi-Family
Source System Name: C2C
+ Reveal Property Sale History

Listed 2024-05-03
$595,000
Realcomp

+ Building and Construction

Total Square Feet Living: 5600
Year Built: 1925
Construction Materials: Block/Concrete/Masonry, Brick, Stone
Foundation Details: Basement
Property Age: 99
House Style: Common Entry Building, Upper/Lower Apartment
Total Below Grade Area: 2000
Year Remodeled: 2023

+ Utilities

Sewer: Sewer at Street
Water Source: Water at Street