APARTMENT COMPLEX WITH (20) 1 BEDROOM, 1 BATHROOM UNITS. GREAT INVESTMENT OPPURTUNITY. COMPLEX LOCATED NEAR SHOPPING, ENTERTAINMENT AND SHOPPING.
MiRealSource-MiMLS #20594399
Aug 16, 2013
Sold
$255,000
$20/sq ft
Aug 6, 2013
Listing Removed
—
Nov 23, 2012
Listed
$320,000
$25/sq ft
REALCOMP #212118005
Aug 16, 2013
Sold
$255,000
$20/sq ft
Aug 6, 2013
Listing Removed
—
Nov 23, 2012
Listed
$320,000
$25/sq ft
NEW MEIJER IS OPENING SOON WITHIN QUARTER MILE: CORNER OF GRAND RIVER AND MCNICHOLS RD AT THE VACANT REDFORD HIGH SCHOOL. CURRENT OWNER DID ALL THE UPDATES ON THIS 20 UNITS APT. JUST PURCHASE AND COLLECT THE RENT. FULLY OCCUPIED WITH 22.48 CAP RATE. 2012 UPGRADES INCLUDE ALL 64 ELECTRIC BASEBOARD HEATERS. ALL 40 WINDOWS, NEW CARPET IN ALL APTS AND COMMON AREA, NEW PAINT, DOORS, APPLIANCES. CALL LISTING AGENT FOR MORE INFO. LISTING AGENT PART OWNER.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
120 ft.
Lot depth
124 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Wayne County
APN
—
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Apr 9, 2023.
R3
Low Density Residential District
The R3 Low Density Residential District is designed as a low-density multi-family district. The regulations are designed to promote and encourage town and terrace house development, courts, and garden apartments. It is intended that this district be used primarily on local thoroughfares thereby encouraging a suitable environment for family life. Among others, uses permitted by right include single- and two-family dwellings, townhouses, multi-family dwellings, and community facilities necessary to serve a residential district.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Student
Educational/school
Library
Museum / gallery
Recreation
Property details
Interior
Bathroom Information
# of Full Bathrooms: 20
Heating & Cooling
Has Heating
Heating: Baseboard, Electric
Exterior
Pool Information
Pool Features: None
Building Information
Above Grade Finished Area: 12,736
Above Grade Finished Area Units: Square Feet
Levels: Two
Construction Materials: Brick
Foundation Details: Brick/Mortar, Slab
Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: MultiFamily
Lot Information
Lot Size Dimensions: 120.00 x 123.50
Lot Size Area: 0.34
Lot Size Units: Acres
Lot Size Acres: 0.34
Zoning Description: MultiFamily
Financial
Tax Information
Tax Annual Amount: $17,929
Utilities
Utility Information
Water Source: Public
Utilities: Water Available, Sewer Available
Location
Schools Information
High School District: Detroit
Location Information
Directions: SOUTH OF MCNIHOLS, SITS ON LAHSER
Subdivision Name: FRANK LEES (PLATS)
Cross Street: S of MCNICHOLS/W of ON LAHSER
Community Information
Community Features: Sidewalks
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Wayne County
APN: —
Home facts updated by county records on Apr 9, 2023
Around this home
Schools
Wright Charles School
Public PreK-8 • Assigned • 1.4mi
3/10
Ford High School
Public 9-12 • Assigned • 2.1mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
8/10 Flood Factor
Estimated 80%+ chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 98° expected this year, 15 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
2 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Detroit, MI • 48219
Average low and high temperatures (°F)
29
16
34
20
53
33
62
42
69
49
82
61
86
67
81
61
79
56
67
46
50
37
37
25
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.6 hours in
June and 2.6 hours in December, placing it below the
U.S. average for solar exposure.