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22320 W 7 MILE Road

$ 1,200,000
22320 W 7 MILE RD ,
40
Active

Description

Remarkably clean and well maintained 16 unit apartment building in an up and coming area of NW Detroit. Truly turn key opportunity with 15/16 units currently occupied, many by long term tenants. All city inspections and rental certifications complete! Amenities include laundry room and gated parking lot. Across the street from the former Rogell golf course, recently purchased by the city of Detroit for 1.94 million. Opportunity Zone!

Address: 22320 W 7 MILE RD
City:
State/County:
Zip: 48219
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Property Id : 24440
Price: $ 1,200,000
Bedrooms: 16
Bathrooms: 16
Building size: 0.37 acres
Available Space: 12645 sq.ft.
Active Openhouse Count: 0
Architecture Level: 3 Story
Architecture Style: Other
Assessment: 100
Basement Type: Private
Baths Full: 16
Baths Half: 0
CDOM: 564
CoList Agent MUI: 242552538
CoList Agent Direct Work Phone: (313) 974-1830
CoList Agent Email: alexclauer@gmail.com
CoList Agent FullName: Alex Lauer
CoList Agent MLSID: 387117
CoList Office MUI: 13099
CoList Office MLSID: 289780
CoList Office Name: Real Estate One-W Blmfld
CoList Office Phone: (248) 851-4100
Construction Materials: Brick
County Or Parish: Wayne
Directions: From Lahser...W on 7 Mile
Directions From EastWest: W
Directions From EastWest Detail: Lahser
Directions From NorthSouth: N
Directions From NorthSouth Detail: 7 Mile
DOM: 259
Foundation Details: Basement
Foundation Materials: Block
Gross Scheduled Income: 100800.00
Heating: Radiant
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: Price Increase
List Office Name: Real Estate One-W Blmfld
List Price By Acre: 3243243.2432
Lock Box Type: Appointment
Living Area Source: Public Records
Lot Size Dimensions: 125.50X127.40
MLS: Realcomp II Ltd
MLS Area Major: Det - 6 To 8, Grnfld To Limits
MLS Area Major Number: 05032
MLS Number: 219000118
Monthly Rental Income: 600
Number Of Units Leased: 14
Annual Net Income: 79000.00
Number Of Units Total: 16
Original List Price: 849000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W22I016820S
Postal City: Detroit
Postal Code Plus 4: 5528
Property Type: Multifamily
Protection Period: 90 days
Road Frontage Type: Paved
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer at Street
Short Sale: No
Sqft Source: PRD
State Equalized Value: 70600.0000
Street Dir Prefix: W
Street Name: 7 MILE
Street Number: 22320
Street Suffix: Road
Subdivision Name: REDFORD HOME ACRES (PLATS )
Sqft Combined: 12645
Sqft Total Bsmt: 4000
Table: Multi Family
Tax Amount Summer: 5256.0000
Tax Amount Winter: 622.0000
Tax Legal Description: N W SEVEN MILE S145 FT 18 REDFORD HOME ACRES SUB L32 P5 PLATS, W C R 22/365 125.5X127.42A
Title: Private - Owned
Total Tax: 5878.0000
Unit Count: 0
Unit Efficiency Number Of: 0
Unit One Bed Number Of: 16
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 0
Water Source: Municipal Water
Year Built: 1966
Zoning: Residential
Customer Comment: Yes
Encroachment: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via Real Estate One-W Blmfld and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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