5061 LAKEWOOD Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48213
Key Details
Property Type Commercial
Sub Type Real Estate Only
Listing Status Active
Purchase Type For Sale
Square Footage 17,140 sqft
Price per Sqft $65
Subdivision Jefferson Park Land Co Ltd No 1 (Plats)
MLS Listing ID 20240036378
Bedrooms 20
Originating Board Realcomp II Ltd
Year Built 1955
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 Det Con-Mors/Grat. Hstn/7 Mack
Zoning Multi-Family,Residential
Direction West of Chalmers North of Warren
Exterior
Road Frontage Paved
Building
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I054776C8
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Full Service