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67407 Van Dyke

$ 700,000
67407 Van Dyke ,


ATTN: INVESTORS – EXTREMELY RARE FIND – PROPOSED TWENTY (25) UNIT APARTMENT DEVELOPMENT IN Washington Township Prime location in North Washington Township at the steps of downtown Romeo with Romeo Community Schools! Preliminary design for an upscale apartment community of 25 unit (14) two bedroom garden style apartment homes ranging from 900 – 1000 Sq Ft. . Excellent opportunity for investor or developer. Romeo Village located on Van Dyke Road and 31 mile Rd easy access to Downtown Romeo and Van Dyke Freeway minutes from 26 mile shopping and entertainment corridor. Prime location to major employment of Ford Motor Co. Hospitals, and R&D companies. Tenants can be 10 minutes from Henry Ford Hospital, The Mall at Partridge Lakeside Mall, and Macomb Community College. All information including but not limited to gross revenue, number of units shall vary depending on the project planned. Owners are commercial/ residential builders they will consider building the units the Buyer.

Address: 67407 Van Dyke
Zip: 48095
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Property Id : 25005
Price: $ 700,000
Bedrooms: 25
Bathrooms: 25
Building size: 2.31 acres
Available Space: 25000 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Common Entry Building
Basement Type: Common,Common Storage Locker
Baths Full: 25
Baths Half: 0
CDOM: 311
Construction Materials: Brick,Brick Siding
County Or Parish: Macomb
Cooling: ENERGY STAR® Qualified A/C Equipment
Directions From EastWest: W
Directions From EastWest Detail: VAN DYKE
Directions From NorthSouth: N
Directions From NorthSouth Detail: 31 MILE ROAD
DOM: 311
Foundation Details: Basement
Foundation Materials: Block
Gross Scheduled Income: 406000.00
Heating: ENERGY STAR® Qualified Furnace Equipment
Heating Fuel: Natural Gas
Income Projection: Projected
Interior Features: Fire Sprinkler
Last Change Type: New
List Office Name: CRS Commercial R E Serv
List Price By Acre: 303030.3030
Lock Box Type: Appointment
Living Area Source: Builder
Lot Size Dimensions: 129 X 337 X 129 X 337
MLS: Realcomp II Ltd
MLS Area Major: Washington Twp
MLS Area Major Number: 03041
MLS Number: 219015060
Monthly Rental Income: 33838
Number Of Units Leased: 0
Annual Net Income: 304500.00
Number Of Units Total: 25
Original List Price: 700000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 0402353039
Postal City: Washington
Property Type: Multifamily
Protection Period: 180 DAYS
Road Frontage Type: Paved
Room Count: 0
School District: Romeo
Settlement: Township
Sewer: Common Septic
Short Sale: No
Sqft Source: builder
State Equalized Value: 100000.0000
Street Name: Van Dyke
Street Number: 67407
Sqft Combined: 25000
Sqft Total Bsmt: 500
Table: Multi Family
Tax Amount Summer: 1271.0000
Tax Amount Winter: 336.0000
Tax Legal Description: T4N. R12E. SEC 2 BEG AT SW COR SEC 2; TH E10.5 CH; TH N6.32 CH; TH E 7.72 CH; TH N 7.66 CH TO PT OF BEG. TH E 347 FT TO CENTER LINE OF EARL MEM. HWY. TH N0*5'E 129.2 FT ALONG CENTER LINE OF HWY. TH W 327.23 FT; TH S 8*44'W 129.77 FT TO PT OF BEG 1 A.
Title: Private - Owned
Total Tax: 1607.0000
Unit Count: 0
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 4
Unit One Bed Number Of: 11
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 14
Water Source: Water at Street
Year Built: 2020
Zoning: Multi-Family
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 CRS Commercial R E Serv and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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