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18435 HOOVER Street Detroit, MI 48205 2671
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Key Details
Sold Price $867,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,141 sqft
Price per Sqft $94
Subdivision Mi
MLS Listing ID 60199736
Sold Date 03/27/23
Style 2 Story
Full Baths 16
Year Built 1957
Annual Tax Amount $7,406
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 120.00 x 101.00
Property Description
This high-income 16-unit multifamily apartment building located in the Denby neighborhood in northeast Detroit. Built in 1957, building features 12 one-bedroom units (600 square feet), 4 two-bedroom units (650 square feet) and a classic low-rise, mid-century style courtyard with balconies and patio areas. Rent includes one parking space per unit plus guest parking. The building is 100% occupied with landscaped grounds with green areas and concrete walkways. The roof and windows were replaced in 2018 and the units underwent a full renovation in 2022 with new kitchens, electric baseboard heating, electrical, carpets and flooring. Rents range from $925-$1,100 with landing paying all utilities, onsite laundry with two washers and two dryers.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Heating Electric Heat, Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $100
Energy Description Electric
Acceptable Financing Conventional
Listing Terms Conventional
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Bought with LPS