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5807 TOLEDO Street

$ 549,900
5807 TOLEDO ST ,


Great investment opportunity available! 10 unit property, 8-2 bedroom units, and 2-3 bedroom units. Near Mexican Town, centrally located near schools, shopping center, and major freeways.

Address: 5807 TOLEDO ST
Zip: 48209
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Property Id : 25775
Price: $ 549,900
Bedrooms: 10
Building size: 0.17 acres
Available Space: 9532 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Assessment: 0
Building Area Source: Public Records
CDOM: 83
Commercial Type: Apartments
Construction Materials: Brick
County Or Parish: Wayne
Current Use: Apartments
Directions: South of Junction and West of Vernor
Directions From EastWest: W
Directions From EastWest Detail: Vernor
Directions From NorthSouth: S
Directions From NorthSouth Detail: Junction
DOM: 83
Foundation Details: Basement
Foundation Materials: Block
Frontage Feet: 60
Gross Scheduled Income: 60000.00
Heating: Forced Air
Heating Fuel: Natural Gas
Last Change Type: Price Decrease
List Office Name: Justin Neil & Associates, LLC
List Price By Acre: 3234705.8824
Lock Box Type: Appointment
Lot Size Dimensions: 60.00X123.00
MLS: Realcomp II Ltd
MLS Area Major: Det South Of Grand River
MLS Area Major Number: 05101
MLS Number: 219080267
Monthly Sales: 5000
Annual Net Income: 45000.00
Number Of Units Total: 10
Operating Expense: 15000.00
Original List Price: 595000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W16I000988S
Percent Leased: 90
Postal City: Detroit
Postal Code Plus 4: 1324
Property Type: Commercial
Protection Period: 180
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 9532
Sqft Office: 9532
Sqft Source: PRD
State Equalized Value: 28800.0000
Street Name: TOLEDO
Street Number: 5807
Street Suffix: Street
Table: Commercial
Taxable Value: 27464.0000
Tax Amount Summer: 3564.0000
Tax Amount Winter: 260.0000
Tax Legal Description: S TOLEDO 1166&1167 E 10 FT 1168 SUB OF WALTER CRANE FARM L5 P29 PLATS, W C R 16/9 60 X 123
Title: Private - Owned
Total Tax: 3824.0000
Unit Count: 0
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 2
Unit Two Bed Number Of: 8
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1923
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Justin Neil & Associates, LLC and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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