Homes for sale - 22330 W WARREN Avenue, Redford, MI 48239 1001

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Jeff Rising

jeff@therisingteam.com +1(517) 605-1286

$ 995,000

Est. payment | -/mo

14 Baths

10,540 SqFt

Save

$ 995,000

Est. payment | -/mo

Save

14 Baths

10,540 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 10,540 sqft

Price per Sqft $94

Subdivision Mi

MLS Listing ID 60354978

Style 2 Story

Full Baths 14

Year Built 1967

Annual Tax Amount $23,533

Lot Size 0.320 Acres

Acres 0.32

Lot Dimensions 140.00 x 100.00

Property Description

Excellent opportunity to own and operate a 14 unit apartment building on the far west side of Detroit. An already well managed asset, this building falls on the immediate border of Redford and Dearborn Heights, and surrounding home values and rents contribute to a potentially bright future of appreciation. This property both cash flows now and has meat on the bones for rent increases that will lead to a higher NOI and ultimately a higher valuation as a result. Offering memorandum and rent roll available upon request.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family

Rooms

Basement Common, Poured

Interior

Heating Hot Water

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement, Slab

Water Public Water

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Assessment Amount $100

Energy Description Natural Gas

Financing Cash,Conventional

MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)

Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

Listed by Keller Williams Somerset

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(517) 605-1286

jeff@therisingteam.com

105 E Maumee St, Adrian, MI, 49221, USA

22330 W WARREN Avenue Redford, MI 48239 1001