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6743 Highland Road Road

$ 450,000
6743 Highland Road RD ,
132
Active

Description

THIS BUILDING WAS USED AS AN APARTMENT BUILDING FOR MOST OF ITS LIFE. THE CURRENT OWNER STARTED TO CONVERT IT TO AN OFFICE BUILDING FOR HIS OWN USE AS WELL AS OTHER OFFICE TENANTS. IN THE PROCESS HE PURCHASED ANOTHER BUILDING THAT SUITED HIS NEEDS MORE. SO HE DECIDED TO CHANGE IT BACK TO RESIDENTIAL AND CHANGE THE HEATING SYSTEM TO INDIVIDUAL GFA FURNACES INSTEAD OF THE 1 BOILER HEAT WHICH HE HAD TO PAY THE GAS AND ELECTRIC BILL AND ADD THE MONTHLY COST NET INTO THE RENT. IN THE PROCESS OF HAVING THE CITY INSPECTOR OUT TO APPROVE THE FURNACES BEING INSTALLED, HE WAS INFORMED INFORMED HE NEED TO 1ST GET THE PROPERTY REZONED BACK TO MULTI FAMILY. SO HE HAS DROPPED THE PRICE ACCORDINGLY SO A PURCHASER CAN HANDLE THE REZONE AND COMPLETE THE CONVERSION BACK TO APARTMENTS AND FINISH THE INSTALLATION OF THE FURNACES. THERE IS ALSO A 2 FAMILY HOME WITH APX 4 ACRES ON THE LAKE RIGHT BEHIND @ $350,000 AND ALSO A VACANT LOT ADJACENT TO THE BUILDING APX 80′ X 200′ @ $150,00 THAT ARE ALSO FOR SALE.

Address: 6743 Highland Road RD
State/County:
Zip: 48327
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Property Id : 25401
Price: $ 450,000
Bedrooms: 10
Building size: 0.77 acres
Available Space: 7416 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Building Area Source: Other
Buildings List: Brooder House,Garage,Shed
Business Type: Medical,Office
CDOM: 822
Commercial Type: Apartments,Commercial,Industrial
Construction Materials: Aluminum,Brick
County Or Parish: Oakland
Current Use: 10 Unit Office or Apartment Building, Plus 2 unit home on the Lake
Directions: SOUTH SIDE OF HIGHLAND BETWEEN AIRPORT RD AND WILLIAM LK RD
Directions From EastWest: W
Directions From EastWest Detail: Airport
Directions From NorthSouth: S
Directions From NorthSouth Detail: Side of Highland
DOM: 822
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 135
Gross Scheduled Income: 104000.00
Heating: Central Air,Forced Air
Heating Fuel: Natural Gas
Last Change Type: Price Decrease
List Office Name: MCD Real Estate Division Inc
List Price By Acre: 584415.5844
Lock Box Type: Appointment
Lot Size Dimensions: 135 X 200
MLS: Realcomp II Ltd
MLS Area Major: Waterford Twp
MLS Area Major Number: 02131
MLS Number: 217064743
Monthly Sales: 104000
Annual Net Income: 84000.00
Number Of Units Total: 10
Office Heating: Central Air,Forced Air
Operating Expense: 24800.00
Original List Price: 1200000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 1320101019
Percent Leased: 0
Postal City: Waterford
Property Type: Commercial
Protection Period: 180
Rent Includes: Garbage Pickup,Snow Removal,Water/Sewer,Yard Maintenance
Road Frontage Type: Class B
Room Count: 0
School District: Waterford
Settlement: Township
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 7416
Sqft Office: 6060
Sqft Source: 7416
State Equalized Value: 295020.0000
Street Name: Highland Road
Street Number: 6743
Street Suffix: Road
Table: Commercial
Taxable Value: 293690.0000
Tax Amount Summer: 11389.0000
Tax Amount Winter: 3494.0000
Tax Legal Description: T3N, R9E, SEC 20 SUPERVISOR'S PLAT NO 31 E 135 FT
Title: Private - Owned
Total Tax: 14883.0000
Unit Count: 0
Unit One Bed Number Of: 8
Unit Two Bed Number Of: 2
Water Heater Fuel: Natural Gas
Water Source: Well-Existing
Year Built: 1965
Year Remodeled: 2016
Zoning: Commercial
Customer Comment: Yes
Encroachment: Yes
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Zone Conform: Yes
IDX provided courtesy of Realcomp II Ltd., via MCD Real Estate Division Inc and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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