5061 LAKEWOOD Street Active

Detroit,MI 48213 3761

$ 1125000

- Bed

- Bath

17140 SqFt


Key Details

Property Type Commercial

Sub Type Commercial/Industrial

Listing Status Active

Purchase Type For Sale

Square Footage 17,140 sqft

Price per Sqft $65

Subdivision Mi

MLS Listing ID 60311019

Annual Tax Amount $19,876

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 140.00 x 130.00

Property Description

!!!!!Projected net profit of 10-12% or $110,000-120,000 after all expenses!!! Beautifully renovated apartment complex has 20 units. Can be fully rented at closing at the discretion of the buyer. 12 very large 2 bedroom units and 8 comfortable 1 bedroom units. This complex is located in a stable and high demand rental area. Schedule an appointment today. BATVAI. Purchaser to pay a 495 transaction fee at closing.

Location

State MI

County Wayne

Area Detroit (82001)

Zoning Multi-Family,Residential

Exterior

Waterfront No

Building

Water Public Water

Structure Type Brick

Others

Ownership Private

Assessment Amount $100

Financing Cash,Conventional

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