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12929 PURITAN

$ 47,900
12929 PURITAN ,
106
Active

Description

Great investment opportunity to own this commercial building on a busy street with lots of traffic driving by daily. Two buildings – one is rented, the other is vacant. Current tenant paying $850/month. Other building could be rented for $850 giving you a Gross Operating Income of $1700/month and a CAP rate of approximately 25% – 30%. DO NOT APPROACH LESSEE.

Address: 12929 PURITAN
City:
State/County:
Zip: 48227
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Property Id : 27031
Price: $ 47,900
Building size: 0.12 acres
Available Space: 1305 sq.ft.
Active Openhouse Count: 0
Architecture Level: 1 Story
Building Area Source: Public Records
Business Type: Office,Retail,Service,Wholesale
CDOM: 206
CoList Agent MUI: 67815
CoList Agent Direct Work Phone: (248) 566-7200
CoList Agent Email: kathy@kathypersha.com
CoList Agent FullName: Kathleen Persha
CoList Agent MLSID: 349536
CoList Office MUI: 15906
CoList Office MLSID: 324866
CoList Office Name: KW Professionals
CoList Office Phone: (734) 459-4700
Commercial Type: Commercial
Construction Materials: Brick
County Or Parish: Wayne
Current Use: Private business
Directions: Southfield freeway to McNichols Exit then service drive to Puritan East
Directions From EastWest: E
Directions From EastWest Detail: SCHAEFER
Directions From NorthSouth: S
Directions From NorthSouth Detail: MCNICHOLS
DOM: 206
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 40
Gross Scheduled Income: 10200.00
Heating: Forced Air
Heating Fuel: Natural Gas
Last Change Type: Price Decrease
List Office Name: KW Professionals
List Price By Acre: 399166.6667
Lock Box Type: Appointment
Lot Size Dimensions: 40X135
MLS: Realcomp II Ltd
MLS Area Major: Det 6-Tire - Grnfld - Livernois
MLS Area Major Number: 05042
MLS Number: 219115180
Monthly Sales: 850
Annual Net Income: 8500.00
Number Of Units Total: 2
Operating Expense: 1700.00
Original List Price: 59900.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W2210932915
Percent Leased: 50
Postal City: Detroit
Property Type: Commercial
Protection Period: 90
Road Frontage Type: Paved
Roof Material: Rubber
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 0.0000
Street Name: PURITAN
Street Number: 12929
Subdivision Name: EVERGREEN GARDENS SUB (PLATS)
Table: Commercial
Tax Amount Summer: 1135.0000
Tax Amount Winter: 164.0000
Tax Legal Description: W WESTMORELAND 532 AND E 9 FT OF VAC ALLEY ADJ EVERGREEN GARDENS SUB L59 P92 PLATS, W C R 22/613 40 X 135
Title: Private - Owned
Total Tax: 1299.0000
Unit Count: 0
Water Source: Municipal Water
Year Built: 1953
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: Yes
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via KW Professionals and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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