$269,900 Price Analysis    ♡   Detroit, MI 48204 8 bed 4 bath 4,308 SqFt ($62/SqFt) 5,663SqFt lot. Built 1926 Listed 2024-07-15, Taxes $2,154 | Ⓧ USDA Ineligible due to location near Detroit |
Solid brick
4 unit apartment building for sale. Each unit consists of living room with fireplace, dining room, updated kitchens, 2 bedrooms and full bath . All units are identical in layouts. Each unit can easily rent for $1, 100 Section 8. This building is poised to bring in over a 10% NET return yearly. Separate electric and gas for each unit. One water meter for the bulding. Low property taxes. This building is perfect for a buy and hold investor looking to start with a multi family project in Detroit!
Each unit has been freshly painted.
Presented by Justin Neil at
JNA Real Estate.
Property MLS #20240050584 from Realcomp
Full Bathrooms: 4
Heating Fuel: Natural Gas
Road Frontage Type: Paved
Lot Size Dimensions: 45.00 x 120.00
Lot Size Square Feet: 5662
Number of 2 Bedroom Units: 4
Map directions Map directions Map directionsAnnual Tax Amount: 2573
Source Listing Status: Active
County: Wayne
Directions: Take W Davison to Oakman BLVD
Source Property Type: Multifamily
Area: Det 6-Tire - Grnfld - Livernois
Source Neighborhood: ROBERT OAKMANS CORTLAND & FORD HIGHWAY (PLATS)
Ownership Type: Short Sale - No, Private Owned
Parcel Number: W16I025193S
Postal Code Plus 4: 5311
Subdivision: ROBERT OAKMANS CORTLAND & FORD HIGHWAY (PLATS)
Zoning: Multi-Family
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $21,900 | $2,154 |
| 2021 | $unknown + $unknown $30,600 | $3,111 |
| 2020 | $unknown + $unknown $27,300 | $1,057 |
| 2019 | $unknown + $unknown $21,500 | $1,042 |
| 2018 | $unknown + $unknown $23,600 | $1,106 |
| 2017 | $unknown + $unknown $20,300 | $1,668 |
| 2016 | $unknown + $unknown $8,600 | $1,670 |
| 2015 | $unknown + $unknown $10,100 | $1,228 |
| 2014 | $unknown + $unknown $13,004 | $1,479 |
| 2013 | $unknown + $unknown $15,299 | $1,665 |
| 2012 | $unknown + $unknown $16,261 | $1,633 |
| 2011 | $unknown + $unknown $17,838 | $1,606 |
| 2010 | $unknown + $unknown $21,236 | $1,573 |
| 2009 | $unknown + $unknown $25,897 | $1,554 |
| 2008 | $unknown + $unknown $28,615 | $1,445 |
| 2007 | $unknown + $unknown $28,615 | $1,431 |
$269,900
Realcomp
Listed 2024-07-15
$279,900
Realcomp
Listing removed 2023-11-10
$0
Realcomp
Relisted 2023-10-12
$229,900
Realcomp
Listing removed 2023-10-11
$0
Realcomp
Price Changed 2023-09-12
$229,900
Realcomp
Price Changed 2023-09-09
$279,000
Realcomp
Price Changed 2023-09-01
$279,900
Realcomp
Price Changed 2023-08-31
$0
Realcomp
Price Changed 2023-08-10
$279,900
Realcomp
Price Changed 2023-07-08
$309,900
Realcomp
Listed 2023-06-20
$328,900
Realcomp
Listing removed 2023-06-12
$0
Realcomp
Price Changed 2023-05-06
$329,000
Realcomp
Relisted 2023-04-12
$349,000
Realcomp
Listing removed 2023-03-16
$0
Realcomp
Listed 2023-03-08
$349,000
Realcomp
Sold 2022-04-04
$280,000
Public Record
Listing removed 2021-09-22
$0
Realcomp
Listed for rent 2021-09-14
$900
Realcomp
Sold 2021-03-19
$200,000
Public Record
Sold 2020-12-15
$57,000
Public Record
Listing removed 2012-11-19
$40,000
Realcomp
Listed 2012-06-14
$40,000
Realcomp
Listing removed 2010-11-14
$27,900
Realcomp
Listed 2010-07-18
$27,900
Realcomp
Sold 1999-02-19
$66,500
Public Record
Sold 1991-12-10
$23,600
Public Record
Operating Expense: 12000.00
Year Built: 1926
Construction Materials: Brick
Foundation Details: Basement
Property Age: 98
Levels or Stories: 2 Story
House Style: 2 Story
Total Area Sqft: 4308
Total Below Grade Area: 2154
Architectural Style: Common Entry Building
Water Source: Public (Municipal)
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.