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8259 SCHAEFER Highway

$ 950,000


20 Unit Building that includes 110′ by 40′ lot. Property is fully gated with one entrance at the front of the building.

Address: 8259 SCHAEFER HIWY
Zip: 48228
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Property Id : 23919
Price: $ 950,000
Bedrooms: 19
Building size: 0.47 acres
Available Space: 13870 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Assessment: 0
Building Area Source: Public Records
CDOM: 134
Commercial Type: Apartments
Construction Materials: Brick
County Or Parish: Wayne
Current Use: apartments
Directions: N of Tireman, East of Greenfield
Directions From EastWest: E
Directions From EastWest Detail: Greenfield
Directions From NorthSouth: N
Directions From NorthSouth Detail: Tireman
DOM: 134
Foundation Details: Basement
Foundation Materials: Other
Frontage Feet: 180
Gross Scheduled Income: 166800.00
Heating: Baseboard
Heating Fuel: Natural Gas
Last Change Type: Back On Market
List Office Name: Alexander Real Estate Detroit, LLC
List Price By Acre: 2021276.5957
Lock Box Type: Appointment
Lot Size Dimensions: 180.00X112.80
MLS: Realcomp II Ltd
MLS Area Major: Det 6-Tire - Grnfld - Livernois
MLS Area Major Number: 05042
MLS Number: 219044202
Monthly Sales: 12816
Annual Net Income: 86211.00
Number Of Units Total: 19
Operating Expense: 63909.00
Original List Price: 950000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: W22I031200C6
Percent Leased: 100
Postal City: Detroit
Postal Code Plus 4: 2746
Property Type: Commercial
Protection Period: 180
Road Frontage Type: Paved
Room Count: 0
School District: Detroit
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
Sqft Main: 13870
Sqft Office: 4850
Sqft Source: prd
State Equalized Value: 108600.0000
Street Name: SCHAEFER
Street Number: 8259
Street Suffix: Highway
Subdivision Name: ESPER GARDENS (PLATS)
Table: Commercial
Taxable Value: 103018.0000
Tax Amount Summer: 8032.0000
Tax Amount Winter: 977.0000
Tax Legal Description: W SCHAEFER 79 THRU 71ESPER GARDENS L47 P22 PLATS, W C R 22/547 180X112.75
Title: Private - Owned
Total Tax: 9009.0000
Unit Count: 2
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 15
Unit Three Bed Number Of: 0
Unit Two Bed Number Of: 4
Water Source: Municipal Water
Year Built: 1956
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
IDX provided courtesy of Realcomp II Ltd., via Alexander Real Estate Detroit, LLC and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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