22320 W 7 MILE Road

    Detroit, MI 48219
    • $849,000
    • STATUS: Active
    • ON SITE: 129 days
    • ID#: 218076224
    UPDATED: 32 min ago
    $849,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 16
      BATHS
    • 0
      1/2 BATHS
    • 12,645
      SQFT
    • $67
      $/SQFT
    Type:
    Multi-Family
    Built:
    1966
    County:
    Zoning: Multi-Family
    Lot Size Dimensions: 125.50X127.42

    School Ratings & Info

    School District:

    Description

    Turn key investment opportunity in NW Detroit. 16 one bedroom units have been meticulously maintained by current management. New roof 2018! Gated parking lot. On site laundry facility. Great location across the street from former Rogell golf course site, recently purchased by City of Detroit. Your investors will be delighted by the condition of this property !

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-16T19:56:00.977.
    www.knerealty360.com/homes/86382599

    22320 W 7 MILE Road Detroit, MI 48219

    • Price: $849,000
    • Status: Active
    • Updated: 32 min ago
    • ID#: 218076224
    0
    Beds
    16
    Baths
    0
    ½ Baths
    0.37
    Acres
    12,645
    SQFT
    $67
    $/SQFT
    1966
    Built
    Neighborhood:
    Redford Home Acres (Plats )
    County:
    Wayne
    Area:
    Det - 6 To 8, Grnfld To Limits
    School District:
    DETROIT
    Property Description
    Turn key investment opportunity in NW Detroit. 16 one bedroom units have been meticulously maintained by current management. New roof 2018! Gated parking lot. On site laundry facility. Great location across the street from former Rogell golf course site, recently purchased by City of Detroit. Your investors will be delighted by the condition of this property !
    Exterior Features

    Architecture Level 3 Story Architecture Style Common Entry Building Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 125.50X127.42 Pool YN No Road Frontage Type Paved Waterfront YN No

    Interior Features

    Basement Type Common Basement YN Yes Baths Total 16.00 Heating Radiant Heating Fuel Natural Gas Room Count 0 Sq Ft Combined 15645 Sq Ft Lower Floor 3000 Sq Ft Source Prd Sq Ft Total Basement 3000 Unit Efficiency Number Of 0 Unit One Bed Number Of 1 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0

    Property Features

    Assessment 0 Encroachment YN No Gross Scheduled Income 124800.00 Income Projection Projected Land Contract YN No Listing Financing CashConventional Monthly Rental Income 10400 Net Operating Income 91000.00 Number Of Units Leased 13 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Detroit Protection Period 90 Days Settlement City Sewer Sewer At Street Short Sale No Tax Amount Summer 5232.0000 Tax Amount Winter 622.0000 Title Private - Owned Total Tax 5854.0000 Transaction Type Sale Unparsed Address 22320 W 7 MILE RD Water Source Municipal Water Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Real Estate One-W Blmfld and Realcomp, ©2018 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than KNE Realty 360 are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-12-16T19:56:00.977.
     
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