Southgate, MI 48195 1634,13220-13264 Leroy Street
Southgate, MI 48195 1634,13220-13264 Leroy Street
Southgate, MI 48195 1634,13220-13264 Leroy Street
37
$1,150,000
$1,150,000
Est.Price: ?

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16 BA
11,086 SqFt

13220-13264 Leroy Street Southgate, MI 48195 1634

Est. payment /mo
SOLD DATE : 03/23/2023

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Key Details

Sold Price $1,150,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 11,086 sqft

Price per Sqft $103

MLS Listing ID 60194568

Sold Date 03/23/23

Style 1 Story

Full Baths 16

Year Built 1968

Annual Tax Amount $19,528

Lot Size 1.190 Acres

Acres 1.19

Lot Dimensions 236X219

Property Sub-Type Multi-Family

Property Description

Awesome Investment Opportunity. Note: Both parcels have been combined into this listing. A total of 16 units (1-two bedroom & 15 1-bedroom), 2 buildings, great location and well maintained with current annual gross income of $121k. Both buildings are brick and mostly maintenance free. Crawl space under one building and the other building is on a slab. All 16 units have been consistently rented over the years of ownership. The roofs on both buildings are around 10 years old. Total of 4 - 75 gallon HWT's. All apartments are furnished with a refrigerator, stove, furnace and built-in wall A/C. All tenants on separate meters for gas/electric and the owner pays the water. All tenants on a MTM 90-days after move-in date. No pets or smoking allowed. All units have front/rear private entrances. A total of 35 parking spots (each tenant has 2 spots) with additional parking on Leroy St.

Location

State MI

County Wayne

Area Southgate (82146)

Zoning Commercial

Rooms

Basement Poured

Interior

Interior Features Cable/Internet Avail., DSL Available

Heating Forced Air

Cooling Ceiling Fan(s), Window Unit(s)

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 1 Story

Foundation Crawl, Slab

Water Public Water

Structure Type Brick

Schools

School District Southgate Community School District

Others

Ownership Private

Assessment Amount $589

Energy Description Natural Gas

Acceptable Financing Land Contract

Listing Terms Land Contract

Financing Cash

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Island Realty Inc
Bought with LPS

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agent

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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