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18250 WEAVER Street

$ 599,000
18250 WEAVER ST ,
22
Active

Description

MOTIVATED SELLER! Property is now vacant and requires rehab due to a fire in one unit and vandalism throughout the building. CASH OFFERS ONLY! Serious buyers only please who are prepared for a rehab project. Wonderful opportunity exists to return this building to habitable condition and make it the money maker it once was. 40 units, on-site laundry, on-site parking. Great location in a designated Opportunity Zone! This is a distressed sale. Seller looking for a quick closing.

Address: 18250 WEAVER ST
City:
State/County:
Zip: 48228
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Property Id : 24205
Price: $ 599,000
Bedrooms: 32
Building size: 0.89 acres
Available Space: 29700 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Assessment: 100
Building Area Source: Public Records
Business Type: Residential
CDOM: 488
Commercial Exterior Features: Outside Lighting
Commercial Type: Apartments
Construction Materials: Brick
County Or Parish: Wayne
Current Use: APARTMENTS/RESIDENTIAL
Directions: TAKE WEAVER SOUTH OFF PLYMOUTH RD TO THE BUILDING
Directions From EastWest: W
Directions From EastWest Detail: SOUTHFIELD FWY
Directions From NorthSouth: S
Directions From NorthSouth Detail: PLYMOUTH RD
DOM: 488
Foundation Details: Basement
Foundation Materials: Poured
Frontage Feet: 387
Gross Scheduled Income: 354000.00
Heating: Baseboard
Heating Fuel: Natural Gas
Last Change Type: Price Decrease
List Office Name: Keller Williams Home
List Price By Acre: 673033.7079
Lock Box Type: Appointment
Lot Size Dimensions: 387x100
MLS: Realcomp II Ltd
MLS Area Major: Det: Joy-Schoolcraft Grnfld-Limi
MLS Area Major Number: 05034
MLS Number: 218041204
Monthly Sales: 29250
Annual Net Income: 146280.00
Number Of Units Total: 40
Operating Expense: 207720.00
Original List Price: 1250000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W22I068255C61
Percent Leased: 0
Postal City: Detroit
Postal Code Plus 4: 4410
Property Type: Commercial
Protection Period: 90
Rent Includes: Heat,Water/Sewer
Road Frontage Type: Class C
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 29700
Sqft Office: 0
Sqft Source: PRD
State Equalized Value: 233400.0000
Street Name: WEAVER
Street Number: 18250
Street Suffix: Street
Subdivision Name: EMERSON PARK (PLATS)
Table: Commercial
Taxable Value: 222680.0000
Tax Amount Summer: 17166.0000
Tax Amount Winter: 2204.0000
Tax Legal Description: N E WEAVER 291 THRU 296 AND VAC ALLEYS ADJ ALSO THAT PT VAC PORTION ROSEMONT AVE ADJ EMERSON PARK SUB L55 P45 PLATS, W C R 22/322 38,751 SQ FT
Title: Private - Owned
Total Tax: 19370.0000
Unit Count: 3
Unit Efficiency Number Of: 8
Unit Loft Number Of: 0
Unit One Bed Number Of: 29
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 3
Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/nocbor/218041204
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1969
Zoning: Multi-Family,Residential
APOD Available: Yes
Customer Comment: Yes
Encroachment: No
Exclusions: No
Inventory Included: Yes
Inventory List: No
Land Contract: No
Legal Rental Certified: No
Publish Sale Price: Yes
Restrictions: Yes
Waterfront: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via Keller Williams Home and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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