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In-PersonVirtual Tour
$499,900
Est. payment /mo
16 Baths
0.46 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 20250002853
Year Built 1948
Annual Tax Amount $7,225
Lot Size 0.460 Acres
Acres 0.46
Lot Dimensions 200.00 x 100.00
Source Realcomp
Property Description
LENDER FORECLOSED!!!AMAZING OPPORTUNITY HERE WITH THIS BEAUTIFUL ALL BRICK APARTMENT BUILDING WHICH COULD BE INCOME PRODUCING WITH MINIMAL REPAIR TO 200,000.00 ANNUAL GROSS!GREAT LOCATION, HIGH VISIBILITY AND SPACIOUS APARTMENTS WITH ALL NEW SECURITY DOORS 16 UNITS ALL TOGETHER WITH 8 GARDEN RISE AND 8 SECOND STORY WALK UP UNITSTHIS IS A MUST, MUST, MUST SEE. CALL FOR DETAILS AND APPOINTMENTS!WE WILL HAVE THE BUILDING OPEN FOR ALL SHOWINGS ON JAN 24 FROM 12-4PM WE ARE SORRY-WILL NOT HAVE KEYS UNTIL NOON, JAN 24
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction South of 7 Mile Rd and on the West side of Hoover
Interior
Heating Hot Water, Radiant, Steam
Exterior
View Y/N No
Roof Type Composition
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W17I013999C4008
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition {"REO/Bank Owned":true}
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Listed by First Michigan Realty Corp
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Nick Schweihofer
Team Leader, Broker | License ID: 6506047709
Team Leader, Broker License ID: 6506047709
REVIEWS
- Nick did an awesome job in helping us find and purchase our condo. He listened to our wants and identified options and in the end we found a good fit for our needs for a vacation home Since we are far from Holland Nick set up a couple video tours to reduce travel. Thanks Nick for all the hard work and insight. We are very excited about our new home!Gordon L
- Nick was awesome to work with! I just went through the process of purchasing my first home and Nick couldn’t have made it any easier. He is super knowledgeable about the industry and the area. He answered all my questions and made sure to point out things I may not be thinking of since it was my first time going through the process. He was attentive, super responsive, easy to talk to, and truly cares about finding his clients a home they’ll love! I’m looking forward to working with him again in the future and would definitely recommend him as an agent!Emily Rzeszutko
- Nick was amazing to work with! This was my first time buying a house. Nick was very patient and took the time to walk me through everything and address all my questions. He was always quick to respond. He was clearly knowledgeable about the area and was great at pointing out and educating me on issues to watch for as we walked through houses. I absolutely recommend Nick to anyone buying or selling a home, and look forward to working with him again in the future!Kayla Kocal
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