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36984 Division Rd Richmond, MI 48062
11,808 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 11,808 sqft
Price per Sqft $226
Subdivision Mi
MLS Listing ID 61014466
Annual Tax Amount $38,697
Lot Size 1.570 Acres
Acres 1.57
Lot Dimensions 278x308
Property Sub-Type Commercial/Industrial
Property Description
Excellent investment opportunity in Richmond! Well-maintained 25 unit multi-family property offering strong income potential. Currently 100% occupied with a Net Operating Income (NOI) of $191,560. Conveniently located on Division Road with approximately 180 feet of road frontage and easy access to M-19 and surrounding communities. The property features spacious units, ample parking, and a large lot, providing an attractive opportunity for investors or owner-occupants. Financials available upon request. Schedule your private showing today. Seller is a licensed agent.
Location
State MI
County Macomb
Area Richmond (50032)
Zoning Multi-Family
Interior
Heating Baseboard
Exterior
Roof Type Asphalt
Building
Foundation Basement
Structure Type Vinyl Siding
Others
Financing Cash,Conventional,Exchange/Trade
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by EXP Realty Main