$165,000
$174,900
5.7%For more information regarding the value of a property, please contact us for a free consultation.
20 Baths
9,147 Sqft Lot
SOLD DATE : 11/20/2024
Key Details
Sold Price $165,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Municipality Highland Park City
Subdivision Highland Park City
MLS Listing ID 20240009212
Sold Date 11/20/24
HOA Y/N true
Originating Board Realcomp
Year Built 1926
Annual Tax Amount $261
Lot Size 9,147 Sqft
Acres 0.21
Lot Dimensions 90 x 100
Property Description
**OPPORTUNITY** Investors, come claim one of the last few un-rehabbed large multifamily properties left in the Martin Park/University District/Palmer Park/Palmer Woods area! The property features 20 spacious one-bedroom units, which breaks down as 8 units per floor plus4 garden-level units. There is also plenty of space in the basement for additional amenities for the tenants. Each unit is roughly 675 sq ft and features a living room, kitchen, bathroom, and bedroom. The property features a newer roof with 3D architectural shingles (2020), a repaired/updated PVC sewer line (2020), and a new copper incoming water service line (2020). The property requires a full rehab, but does have hardwood floors throughout the 1st and 2nd floors, which can be repaired and restored! The property is in Detroit but has a Highland Park mailing address.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Residential
Direction From McNichols turn South on Log Cabin
Interior
Heating Radiant
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Lot Description Sidewalk
Sewer Public
Water Public
Structure Type Brick
Others
Tax ID W08I009611S
Acceptable Financing Cash
Listing Terms Cash
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Lic# 501408694