$1,125,000
5061 LAKEWOOD Street Detroit, MI 48213 3761
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$1,125,000
Est. payment /mo
17,140 SqFt
Active
5061 LAKEWOOD Street Detroit, MI 48213 3761
UPDATED:
10/22/2024 08:03 PM
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
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Reach Realty Group
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