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695 LIVERNOIS Street

$ 950,000


New construction, to be built 4 unit Office / Condo Building. Mixed use zoning! Existing Bungalow in desirable area of Ferndale. Located on Livernois St and Marshfield located on Livernois Street south of 9 mile. The zoning is mixed use, you can run your business and live here. Great investment opportunity, everything will be brand new. No maintenance for years to come! Completed proforma available, $984,883.00 valuation, $87,590.00 projected gross yearly rents.

Address: 695 LIVERNOIS ST
Zip: 48220
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Property Id : 26382
Price: $ 950,000
Bedrooms: 4
Bathrooms: 5
Building size: 0.10 acres
Available Space: 4100 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Upper/Lower Apartment
Assessment: 286.15
Basement Type: Finished
Baths Full: 5
Baths Half: 0
CDOM: 90
Construction Materials: Brick
County Or Parish: Oakland
Cooling: Ceiling Fan(s),Central Air,ENERGY STAR® Qualified A/C Equipment
Directions: Corner of Livernois and Marshfield
Directions From EastWest: W
Directions From EastWest Detail: Livernois
Directions From NorthSouth: S
Directions From NorthSouth Detail: 9 Mile
DOM: 90
Exterior Features: Outside Lighting
Foundation Details: Basement
Foundation Features: Sump Pump
Foundation Materials: Block
Frontage Feet: 40
Gross Scheduled Income: 87589.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Interior Features: Cable Available,Egress Window(s),High Spd Internet Avail,Laundry Facility,Programmable Thermostat
Last Change Type: New
List Office Name: 3DX Real Estate LLC
List Price By Acre: 9500000.0000
Lock Box Type: Appointment
Living Area Source: Estimated
Lot Size Dimensions: 40.00X110.00
MLS: Realcomp II Ltd
MLS Area Major: Ferndale
MLS Area Major Number: 02258
MLS Number: 219100396
MF Parking: Assigned Spaces,Garages,Lighted
Monthly Rental Income: 7300
Number Of Units Leased: 1
Annual Net Income: 52552.40
Number Of Units Total: 4
Original List Price: 950000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 2533435027
Postal City: Ferndale
Postal Code Plus 4: 2303
Property Type: Multifamily
Protection Period: 30 Days
Parking Total: 6
Pets Allowed: Number Limit,Size Limit,Yes
Porch Type: Breezeway,Patio,Porch
Rent Includes: Garbage Pickup,Snow Removal,Yard Maintenance
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Ferndale
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 79420.0000
Street Name: LIVERNOIS
Street Number: 695
Street Suffix: Street
Subdivision Name: POAD SUB
Sqft Combined: 4950
Sqft Lower Floor: 850
Sqft Total Bsmt: 850
Table: Multi Family
Tax Amount Summer: 5877.0000
Tax Amount Winter: 216.0000
Tax Legal Description: T1N, R11E, SEC 33 POAD SUB LOTS 55 & 56, ALSO 1/2 OF VAC ALLEY ADJ TO SAME
Title: Private - Owned
Total Tax: 6093.0000
Unit Count: 4
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 1
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 3
Water Heater Fuel: ENERGY STAR® Qualified Water Heater,Natural Gas
Water Source: Municipal Water
Year Built: 1942
Year Remodeled: 2019
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: No
Inventory List: Yes
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
Restrictions: No
Waterfront: No
Zone Conform: Yes
Basement: Yes
Down Payment Resource: No
Percent Homestead Exempt: No
Pool: No
IDX provided courtesy of Realcomp II Ltd., via 3DX Real Estate LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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