Price Reduction
Address
11371 E 7 Mile Rd DETROIT, MI
Price
$ 239,900
Property Attributes
- ML#5050021131
- TypeMulti-Family
- CountyWAYNE
- CityDETROIT
- AreaDetroit (Combined Area For Mls D
- NeighborhoodSEVEN MILE HEIGHTS SUB
- Zip48234
- StyleRanch
- Year Built1968
- Taxes5124
- Price$ 239,900
- Bedrooms0
- Full Bathrooms7
- Half Bathrooms0
- Sqr Footage3612
- Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Gebrael Management
Property Description
Great Investment Opportunity with this 7 unit apartment complex. One unit is a 2b/1b and the remaining 6 are all 1b/1b. There is currently 4 units rented 2 rehabbed and listed for rent with the remaining one getting wrapped up to list for rent. This complex is pretty turn key with mostly all the major rehab work already finished. Currently the rent roll is $1,985. Once the other units are rented the potential rent roll will be close to 4k/month. Owner pays water and tenants pay electric. All the units are electric baseboard heat.
| Price History | |
|---|---|
| 8/20/2020 | Listed $259,900 |
| 11/20/2020 | 4% - $249,900 |
| 1/12/2021 | 5% - $239,900 |
General Features
| Listing Agent Public Id | 500000206156 |
|---|---|
| Originating MLS | East Central Association of REALTORS® |
| Parcel Number | W17I005178C80 |
| Property Type | Multifamily |
| School District | Detroit |
| Sewer | Sewer-Sanitary |
| Short Sale | No |
| Status | Active |
| Subdivision Name | SEVEN MILE HEIGHTS SUB |
| Total Sq Ft | 3612 |
| Transaction Type | Sale |
| Year Built | 1968 |
Interior Features
| Full Baths | 7 |
|---|---|
| Heating Fuel | Electric |
| Total Baths | 7.00 |
| Total Units | 7 |
Exterior Features
| Architecture Level | 1 Story |
|---|---|
| Architecture Style | Ranch |
| Foundation | Slab |
| Lot Size Area | 0.15 |
| Lot Size Dimensions | 6534 |
| Water Source | Municipal Water |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
IDX provided courtesy of Realcomp II Ltd., via Clients First, Realtors and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for 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.
Data is updated as of January 23, 2021 11:18 PM UTC Information deemed reliable but not guaranteed.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd
Property vs Zip Code Average in 48234
Price
Taxes
Visits
Year Built
Walkscore
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating
