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5075 CHALMERS Street

$ 575,000
5075 CHALMERS ST ,
32
Active

Description

***DO NOT APPROACH BLDG OR TENANTS. PLEASE TEXT OR EMAIL AGENT WITH ANY QUESTIONS

OWNER RETIRING!!! ATTENTION INVESTORS …. 14 UNIT INCOME PRODUCING APT BLDG FOR SALE. ALL UNITS ARE SEC 8. GUARANTEED MONEY! COLLECT ALMOST 10k PER MONTH. CASH ONLY DEAL. ACCEPTED OFFER REQUIRED FOR SHOWINGS. HAPS PROVIDED WITH ACCEPTED OFFER.

*****PLEASE DO NOT APPROACH BLDG OR TENANTS. TEXT OR EMAIL WITH ANY QUESTIONS.

Address: 5075 CHALMERS ST
City:
State/County:
Zip: 48213
Open In Google Maps
Property Id : 26267
Price: $ 575,000
Bedrooms: 10
Building size: 0.11 acres
Available Space: 6474 sq.ft.
Active Openhouse Count: 0
Architecture Level: 3 Story
Assessment: 0
Building Area Source: Public Records
CDOM: 28
Commercial Type: Apartments
Construction Materials: Brick
County Or Parish: Wayne
Current Use: RESIDENTIAL APARTMENTS
Directions: ON CHALMERS, N OF WARREN
Directions From EastWest: W
Directions From EastWest Detail: OUTER DR
Directions From NorthSouth: N
Directions From NorthSouth Detail: WARREN
DOM: 28
Foundation Details: Basement
Foundation Materials: Brick
Frontage Feet: 40
Gross Scheduled Income: 115560.00
Heating: Baseboard
Heating Fuel: LP Gas/Propane
Last Change Type: Price Decrease
List Office Name: Virtual Real Estate Services LLC
List Price By Acre: 5227272.7273
Lock Box Type: Appointment
Lot Size Dimensions: 40.00X120.00
MLS: Realcomp II Ltd
MLS Area Major: Det Con-Mors/Grat. Hstn/7 Mack
MLS Area Major Number: 05055
MLS Number: 219099789
Monthly Sales: 9630
Annual Net Income: 98762.26
Number Of Units Total: 14
Operating Expense: 16797.74
Original List Price: 600000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W21I055973S
Percent Leased: 95
Postal City: Detroit
Postal Code Plus 4: 3726
Property Type: Commercial
Protection Period: 0
Road Frontage Type: Pub. Sidewalk
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 70000.0000
Street Name: CHALMERS
Street Number: 5075
Street Suffix: Street
Subdivision Name: JEFFERSON PARK LAND CO LTD NO 1 (PLATS)
Table: Commercial
Taxable Value: 70000.0000
Tax Amount Summer: 5490.0000
Tax Amount Winter: 664.0000
Tax Legal Description: W CHALMERS 876 JEFFERSON PARK LD CO LIMITED SUB 1 L50 P78 PLATS, W C R 21/755 40 X 120
Title: Private - Owned
Total Tax: 6154.0000
Unit Count: 3
Unit Efficiency Number Of: 4
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 9
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 1
Water Source: Municipal Water
Year Built: 1929
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Existing Lease: Yes
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Virtual Real Estate Services LLC and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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