Eastpointe, MI 48021 2212,15321 E 9 Mile Road
Eastpointe, MI 48021 2212,15321 E 9 Mile Road
Eastpointe, MI 48021 2212,15321 E 9 Mile Road
15
$1,400,000
$1,400,000
Est.Price: ?

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24 BA
19,392 SqFt

15321 E 9 Mile Road Eastpointe, MI 48021 2212

Est. payment /mo
SOLD DATE : 10/24/2024

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Key Details

Sold Price $1,400,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 19,392 sqft

Price per Sqft $72

Subdivision Mi

MLS Listing ID 60307735

Sold Date 10/24/24

Style 2 Story

Full Baths 24

Year Built 1955

Annual Tax Amount $46,439

Lot Size 0.730 Acres

Acres 0.73

Lot Dimensions 200.00 x 160.00

Property Description

Situated on Nine Mile Road in Eastpointe, this apartment building presents a prime opportunity as a value-add property with significant potential. Comprising 24 units, including four two-bedroom units and twenty one-bedroom units, each unit features separated utilities. Water is either included in rent or charged back to tenants on a monthly basis. The building offers shared common areas in the basement, providing additional storage space. Tenants benefit from ample parking, and the property's proximity to major freeways ensures an easy commute. This property is ideal for investors seeking to add value and stabilize rents, capitalizing on its strategic location and promising market dynamics.

Location

State MI

County Macomb

Area Eastpointe (50026)

Zoning Multi-Family

Rooms

Basement Block, Common

Interior

Interior Features Cable/Internet Avail.

Heating Forced Air

Cooling Window Unit(s)

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 Eastpointe Community Schl

Others

Ownership Private

Assessment Amount $331

Energy Description Natural Gas

Acceptable Financing Conventional

Listing Terms Conventional

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Keller Williams Somerset
Bought with LPS

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agent

Morgan Beilfuss

Agent | License ID: 6501277052

+1(989) 277-7860

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