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1611 W 9 MILE Road

$ 375,000
1611 W 9 MILE RD ,


**Aug 8: offer has been accepted, awaiting signatures. Back up offers only will be collected at this time.** Opportunity! Brick apartment building in Fabulous Ferndale!! Location Location Location! Five single bedroom 500 sqft units + utility room. Plenty of parking behind the building. Some units are updated nicely. Units 3 & 5 are currently occupied but can be viewed during inspection. Duplex next door is also for sale. Inquire about residential 1627 W. Nine Mile. Zoning is Mixed Use 2: “MXD-2 mixed use district. The MXD-2 district is intended to encourage a complementary mixture of uses including residential, local business and office uses. It is the purpose of these regulations to provide a mechanism for mixed use developments that are compatible with the surrounding environment and characteristics of the site and to ensure that the infrastructure will be adequate to accommodate the needs of the development.”

Address: 1611 W 9 MILE RD
Zip: 48220
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Property Id : 30149
Price: $ 375,000
Bedrooms: 5
Bathrooms: 5
Building size: 0.21 acres
Available Space: 2832 sq.ft.
Active Openhouse Count: 0
Architecture Level: 1 Story
Architecture Style: Ranch
Assessment: 0
Baths Full: 5
Baths Half: 0
Construction Materials: Brick
County Or Parish: Oakland
Cooling: Window Unit(s)
Directions: South Side of Nine Mile Between Coolidge Hwy & Livernois
Directions From EastWest: W
Directions From EastWest Detail: Livernois
Directions From NorthSouth: S
Directions From NorthSouth Detail: Nine Mile Rd
DOM: 3
Exterior Features: Outside Lighting,Private Entry
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 50
Gross Scheduled Income: 37500.00
Heating: Hot Water
Heating Fuel: Natural Gas
Income Projection: Projected
Interior Features: Cable Available,Laundry Facility
Last Change Type: New
List Office Name: RE/MAX Platinum-Hartland
List Price By Acre: 1785714.2857
Lockbox Location: Front Door
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 50 x 181
MLS: Realcomp II Ltd
MLS Area Major: Ferndale
MLS Area Major Number: 02258
MLS Number: 2200062628
MF Parking: Off Site,Unassigned/General
Monthly Rental Income: 3125
Number Of Units Leased: 2
Annual Net Income: 0.00
Number Of Units Total: 5
Original List Price: 375000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 2533126003
Postal City: Ferndale
Postal Code Plus 4: 3164
Property Type: Multifamily
Protection Period: 120
Parking Total: 10
Pets Allowed: Yes
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Ferndale
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 114240.0000
Street Dir Prefix: W
Street Name: 9 MILE
Street Number: 1611
Street Suffix: Road
Subdivision Name: LEGGETT FARM SUB
Sqft Combined: 2832
Table: Multi Family
Tax Amount Summer: 6727.0000
Tax Amount Winter: 148.0000
Tax Legal Description: T1N, R11E, SEC 33 LEGGETT FARM SUB LOT 22 BLK S
Title: Private - Owned
Total Tax: 6875.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 5
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1957
Zoning: Commercial
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: No
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Waterfront: No
Zone Conform: Yes
Basement: No
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via RE/MAX Platinum-Hartland and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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