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1234 FORD Avenue

$ 699,000
1234 FORD AVE ,
21
Active

Description

Calling all Investors! This building boasts over 8,721 square feet. With three Commercial Store units on the first floor, three 2 bedroom units on the second floor and a huge attached garage, there is so much return on investment. Each Apartment has been fully renovated with extreme attention and top quality material, all ready to be rented out. Currently two stores have been rented out and the middle store has the potential to either become an owner owned business, or another source of rental income. This property is priced to sell with a great, consistent cash flow. Excellent location and will not last long!

Address: 1234 FORD AVE
City:
State/County:
Zip: 48192
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Property Id : 30136
Price: $ 699,000
Bedrooms: 3
Bathrooms: 6
Building size: 0.29 acres
Available Space: 8721 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Other
Assessment: 0
Baths Full: 6
Baths Half: 0
CDOM: 0
Construction Materials: Brick
County Or Parish: Wayne
Directions: North of Northline Road and East of 13th Street
Directions From EastWest: E
Directions From EastWest Detail: 13th Street
Directions From NorthSouth: N
Directions From NorthSouth Detail: Northline Rd
DOM: 0
Foundation Details: Slab
Foundation Materials: Other
Gross Scheduled Income: 72600.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: New
List Office Name: RE/MAX Leading Edge
List Price By Acre: 2410344.8276
Lock Box Type: Appointment/Key
Living Area Source: Public Records
Lot Size Dimensions: 20x12x10x5
MLS: Realcomp II Ltd
MLS Area Major: Wyandotte
MLS Area Major Number: 05147
MLS Number: 2200062174
Monthly Rental Income: 6050
Number Of Units Leased: 2
Annual Net Income: 72600.00
Number Of Units Total: 6
Original List Price: 699000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 57006050120000
Postal City: Wyandotte
Postal Code Plus 4: 3893
Property Type: Multifamily
Protection Period: 120
Pets Allowed: Yes
Road Frontage Type: Private
Room Count: 0
School District: Wyandotte
Settlement: City
Sewer: Sewer at Street
Short Sale: No
State Equalized Value: 150500.0000
Street Name: FORD
Street Number: 1234
Street Suffix: Avenue
Subdivision Name: G. F. BENNETT'S BOULEVARD PARK SUB
Sqft Combined: 8721
Table: Multi Family
Tax Amount Summer: 6255.0000
Tax Amount Winter: 2217.0000
Tax Legal Description: 09965 THRU 9969 LOTS 120 TO 124 ALSO LOT 175 G. F. BENNETT'S BOULEVARD PARK SUB T3S R11E L46 P97 WCR
Title: Private - Owned
Total Tax: 8472.0000
Unit Count: 3
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 3
Water Source: Water at Street
Year Built: 1986
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Existing Lease: Yes
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Basement: No
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via RE/MAX Leading Edge and Realcomp, © 2020 Realcomp II Ltd. Shareholders.

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