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7575-7579 CHRYSLER Drive

$ 595,000
7575-7579 CHRYSLER DR ,
60
Active

Description

60% Occupied. Rare On site covered parking
Walk to M-1 Rail – WSU, DMC, Whole Foods, Plum Mkt, Quicken, GM,Fox, LCA, Comerica Park, Ford Field
Across from Google’s just announced Waymo Operation-1000s of Tech jobs coming soon
Area primed to be the Hub of autonomous vehicles R&D
Other neighborhood developments include Chroma-75,000 sf mixed use opening in November
100s of New housing units
Platform Group developing retail/condos along the Blvd.
Bedrock (Dan Gilbert) developing retail along Woodward/Blvd corridor
Opportunity Zone tax breaks
Endless possibilities-keep as apartments, Airbnb some units, Condo Conversion
Mortgage Financing Available with 20% Down No Credit Check

Address: 7575-7579 CHRYSLER DR
City:
State/County:
Zip: 48211
Open In Google Maps
Property Id : 25333
Price: $ 595,000
Bedrooms: 11
Bathrooms: 11.11
Building size: 0.60 acres
Available Space: 9500 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Quadruplex
Assessment: 0
Basement Type: Common
Baths Full: 11
Baths Half: 11
CDOM: 86
Construction Materials: Brick
County Or Parish: Wayne
Directions: N Off Grand Blvd W of I 75
Directions From EastWest: W
Directions From EastWest Detail: Grand Blvd
Directions From NorthSouth: N
Directions From NorthSouth Detail: Grand Blvd
DOM: 86
Foundation Details: Basement
Foundation Materials: Brick
Frontage Feet: 230
Gross Scheduled Income: 93200.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Actual
Last Change Type: New
List Office Name: Dwellings Unlimited LLC
List Price By Acre: 991666.6667
Lock Box Type: Appointment
Living Area Source: Public Records
Lot Size Dimensions: 230X125.00
MLS: Realcomp II Ltd
MLS Area Major: Det: Livernois-I75 6-Gd River
MLS Area Major Number: 05043
MLS Number: 219083617
Monthly Rental Income: 8300
Number Of Units Leased: 6
Annual Net Income: 75200.00
Number Of Units Total: 11
Original List Price: 595000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W05I003793S
Postal City: Detroit
Postal Code Plus 4: 1929
Property Type: Multifamily
Protection Period: 0
Road Frontage Type: Pub. Sidewalk
Roof Material: Asphalt
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Source: PRD
State Equalized Value: 36500.0000
Street Name: CHRYSLER
Street Number: 7575-7579
Street Suffix: Drive
Subdivision Name: SUB OF LOT 3 1/4 SEC 58 T T A T (PLATS)
Sqft Combined: 9500
Table: Multi Family
Tax Amount Summer: 1987.0000
Tax Amount Winter: 203.0000
Tax Legal Description: W CHRYSLER FWY 10 THRU 13 SUB OF LOT 3 OF SUB OF 1/4 SEC 58-T T A T L17 P54 PLATS, W C R 5/98 117 X 125 AND Parcel #W05I003794S
Title: Private - Owned
Total Tax: 2190.0000
Unit Count: 2
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: 1
Unit Two Bed Number Of: 10
Water Source: Municipal Water
Year Built: 1913
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Land Contract: No
Legal Rental Certified: Yes
Publish Sale Price: Yes
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 Dwellings Unlimited LLC and Realcomp, © 2021 Realcomp II Ltd. Shareholders.

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