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$ 995,000
Est. payment /mo
Active
22330 W WARREN Avenue Redford, MI 48239 1001
14 Baths
10,540 SqFt
UPDATED:
12/09/2024 11:59 PM
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
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Listed by Keller Williams Somerset