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Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Sq.Footage
N/A
PRICE REDUCED TO SELL!! CALLING ALL INVESTORS!! This Russell Woods apartment complex has 156 units and is an ADD VALUE INVESTMENT/OPPORTUNITY!! 50% occupied! 100 one bed/one bath and 56 two beds/one bath units. Occupied units are in great condition. Vacant units just need turned and rented. This complex is made up of 28 buildings on one plot of land! Rare find. Fenced property. Some of the roofs have been updated/replaced. All of the windows have been updated to vinyl. 48 of the units are on boiler heat and the rest of the 108 units are individually furnaced. Great mix! Good rents. Located in the great Russell Woods Community of Detroit! This will be a cash cow once units are turned and fully occupied! Seller is open to seller financing with 50% down, seller must be in first position.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Heating YN
YES
-
Heating
Wall Furnace
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Property Type
Commercial Sale
-
Property Sub Type
Multi Family
Price
-
Sales Price
$5,480,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Other
Elementary School
Middle School
High School
Listing Courtesy of Justin Zehel , Keller Williams Eagle Realty
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Realtor
JarrodGaylis
Call Jarrod today to schedule a private showing.
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