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16960 Meyers Detroit, MI 48235
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Key Details
Sold Price $1,500,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 60086945
Sold Date 02/02/23
Annual Tax Amount $11,185
Lot Size 0.320 Acres
Acres 0.32
Lot Dimensions Business only
Property Description
Have you been looking for a plaza? Look no further! This great investor special is the opportunity you have been looking for. This plaza features 7 units which are 100% occupied. Tenants have been consistently paying rent on time. Most tenants have been renting their units for over five + years. Leases were recently renewed for an additional two years. Rent recently increased to match market value. Roof was installed in 2020. Do not disturb tenants! Contact sellers agent today if you are interested! This property won't last long. Sellers are motivated! Rental income exceeds $11,000 per month and over $133,000 annually. BATVAI
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Waterfront No
Roof Type Asphalt
Building
Foundation Slab
Water Public Water, Public Water at Street
Structure Type Brick
Others
Ownership Private
Energy Description Natural Gas
Acceptable Financing Land Contract
Listing Terms Land Contract
Financing Cash,Conventional
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Bought with EXP Realty LLC
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