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17644 LAHSER Road

$ 949,111
in
17644 LAHSER RD ,
63
Active

Description

Welcome to Lahser Manor Apartments! Walk to downtown old Redford. Completely renovated in 2018-2019! 17 unit apartment complex! The building has 16 of the 17 units rented. All apartments are 1 bedroom and all are identical. Street rents $725.00. The owner spared no expense! All new windows, kitchens, flooring, bathrooms and the common areas have been redone. The property also comes with adjacent parcels 21685 and 21693 Thatcher and the vacated alley. The owner purchased those parcels from the land bank and combined them with the original parcel doubling the property’s grounds. The owner is in the process of fencing the property. Located in MSHDA Opportunity Zone #5412 and eligible for ZERO capital gains if held for 10 years!

The property has a current certificate of occupancy. The property has passed all inspections including the lead inspection and the property is certified as lead-free and does not require any more lead inspections! No showings without proof of funds.

Address

Address: 17644 LAHSER RD
City:
State/County:
Zip: 48219
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Details

Property Id : 27456
Price: $ 949,111
Bedrooms: 17
Bathrooms: 17
Building size: 0.28 acres
Available Space: 12645 sq.ft.
Active Openhouse Count: 0
Architecture Level: 3 Story
Architecture Style: Common Entry Building
Assessment: 0
Basement Type: Common,Finished,Interior Access Only
Baths Full: 17
Baths Half: 0
CDOM: 184
CoList Agent MUI: 257100979
CoList Agent Direct Work Phone: (248) 470-0216
CoList Agent Email: mlchudnow@gmail.com
CoList Agent FullName: Michael Chudnow
CoList Agent MLSID: 389383
CoList Office MUI: 454041065
CoList Office MLSID: 426048
CoList Office Name: Palladium Realty
CoList Office Phone: (248) 470-0216
Construction Materials: Aluminum,Block/Concrete/Masonry,Brick,Vinyl
County Or Parish: Wayne
Cooling: Wall Unit(s)
Directions: North of McNichols, East side of Lahser.
Directions From EastWest: E
Directions From EastWest Detail: Lahser
Directions From NorthSouth: N
Directions From NorthSouth Detail: McNichols
DOM: 184
Exterior Features: Awning/Overhang(s),Fenced,Outside Lighting
Foundation Details: Basement
Foundation Features: Sealed Foundation
Foundation Materials: Block
Frontage Feet: 100
Gross Scheduled Income: 147900.00
Heating: Baseboard,Hot Water
Heating Fuel: Natural Gas
Income Projection: Projected
Interior Features: Cable Available,ENERGY STAR® Qualified Window(s),High Spd Internet Avail
Last Change Type: Price Decrease
List Office Name: Bradbury Development Co.
List Price By Acre: 3389682.1429
Lock Box Type: Appointment
Living Area Source: Public Records
Lot Size Dimensions: 100.00X124.00
MLS: Realcomp II Ltd
MLS Area Major: Det - 6 To 8, Grnfld To Limits
MLS Area Major Number: 05032
MLS Number: 219122771
MF Parking: Lighted,Paved,Unassigned/General
Monthly Rental Income: 12325
Number Of Units Leased: 16
Annual Net Income: 88740.00
Number Of Units Total: 17
Original List Price: 1111111.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W22I113391C2
Postal City: Detroit
Postal Code Plus 4: 4318
Property Type: Multifamily
Protection Period: 180
Parking Total: 20
Pets Allowed: No
Porch Type: Porch - Covered
Rent Includes: Garbage Pickup,Heat,Snow Removal,Water/Sewer,Yard Maintenance
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 129400.0000
Street Name: LAHSER
Street Number: 17644
Street Suffix: Road
Subdivision Name: BROCKS LASHER AVE (PLATS)
Sqft Combined: 18745
Sqft Lower Floor: 6100
Sqft Total Bsmt: 6323
Table: Multi Family
Tax Amount Summer: 10324.0000
Tax Amount Winter: 1227.0000
Tax Legal Description: E LAHSER 2&3 BROCKS LAHSER AVE SUB L41 P80 PLATS, W C R 22/395 99.63 IRREG
Title: Private - Owned
Total Tax: 11551.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 17
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1966
Year Remodeled: 2019
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: Yes
Inventory List: Yes
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Zone Conform: Yes
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Bradbury Development Co. and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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