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31 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$899,900
Est. payment /mo
8 Baths
0.4 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Municipality Allen Park City
Subdivision Allen Park City
MLS Listing ID 20251061076
Year Built 1973
Annual Tax Amount $9,074
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 160X110
Source Realcomp
Property Description
ONCE IN A BLUE MOON THESE COME AVAILABLE - HIGHLY SOUGHT AFTER 8 UNIT APARTMENT BUILDING IN DESIRABLE ALLEN PARK - ACROSS FROM THE "HILL" AND STONES THROW FROM GUS AND US- WHICH HAS LONG BEEN A SOURCE OF GREAT TENANTS - LONG TERM TENANTS HAVE STAYED - OWNER HAS HAD FRIENDS AND FAMILY OFTEN AS TENANTS AND RENTS HAVE BEEN BELOW MKT VALUE- 6 UNITS CURRENTLY RENTED - TWO AT MKT VALUE - 4 BELOW ON MONTH TO MONTH LEASES - - THIS PROPERTY HAS BEEN IMPECCABLY MAINTAINED FOR OVER 30 YEARS BY SAME OWNER - AND HE IS PASSING THE TORCH - IT IS A GEM! EACH UNIT IS ONE BEDROOM - ONE BATH - KITCHENS AND BATHS IN VARIOUS FORMS OF UPDATEDNESS -AND A LARGE WALK IN CLOSET IN UNIT FOR STORAGE - COMMON COIN OPERATED LAUNDRY ON SECOND FLOOR - ALL UNITS HAVE STOVE - REFRIGERATOR AND DISHWASHER - ALL UNITS HAVE CENTRAL AIR - FULL PARKING LOT MAINTAINED BY OWNER - OWNER PAYS GAS, WATER AND COMMON AREA ELECTRICITY - TENANT PAYS ELECTRICITY FOR UNIT - HOT WATER HEATER FOR ALL UNITS NEW IN 2019 -PARKING LOT W/ 16 SPACES(2 ARE OBSTRUCTED W/ DUMPSTERS) AND ONE HANDICAP SPOT -NET INCOME IS BASED ON 100% OCCUPANCY AND IT IS NOT AT THIS TIME - NOR IS 4 OF UNITS AT MKT VALUE. THIS IS A COVETED FIND AND HOPES ARE SOMEONE VALUES IT FOR 30+ YEARS AS THIS OWNER - BUT BRING IT ALL ON FOR THE NEW YEAR ! DONOT DISTURB TEANANTS OR KNOCK ON DOORS - ONE UNIT IS AVAIL TO VIEW W/ AGENT ONLY
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction FROM OUTER DRIVE GO SOUTHEAST ON HAMILTON TO BUILDING ON THE RIGHT
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Central Air
Exterior
View Y/N No
Building
Lot Description Sidewalk
Water Public
Structure Type Brick
Others
Tax ID 30004010025000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Prime + Property
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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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