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$699,000
Est. payment /mo
13 Baths
0.35 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251011838
Year Built 1923
Annual Tax Amount $53,822
Lot Size 0.350 Acres
Acres 0.35
Lot Dimensions 150X100
Source Realcomp
Property Description
13-Unit Apartment Building - Turnkey Investment Opportunity - One-bedroom units, many featuring original hardwood floors. Newer roof and boiler, current Certificate of Compliance. Coin operated laundry in basement.Tenants enjoy secure gated parking, well-kept common areas, and a spacious green lot for added outdoor space. Ideally located near public transit. Less than 10 minutes to Downtown, Ferndale, and the 8 Mile/Woodward corridor—home to major retailers, gyms, restaurants, and grocery stores. This is a smart, low-maintenance asset ready to perform, with additional upside. Comes with adjacent two car garage for storage or parking. Detroit property with Highland Park mailing address. Ideal for the city of Detroit PILOT program (payment in lieu of taxes) to reduce tax bill and create workforce housing. This listing includes additional parcels 16920 Log Cabin #08009542 and 16930 Log Cabin #08009543. ** Do not disturb tenants**
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction W of Hamilton Avenue. / S of W. McNichols Road
Interior
Heating Hot Water
Exterior
View Y/N No
Roof Type Other
Building
Sewer Public
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID 08009544
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Berkshire Hathaway HomeServices The Loft Warehouse