24311 PLYMOUTH Road Pending Save Request In-Person Tour Request Virtual Tour
Redford Twp,MI 48239
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $206
Subdivision Dunning Park Sub
MLS Listing ID 20240078562
Style Other
Bedrooms 4
Full Baths 17
Originating Board Realcomp II Ltd
Year Built 1948
Annual Tax Amount $6,027
Lot Size 5,662 Sqft
Acres 0.13
Lot Dimensions 40.00 x 139.00
Property Description
This 17 Unit apartment building in Redford MI has had lots of recent updates, but still has tons of potential to add even more value!
Snapshot:
-17 Units, 16 occupied, 1 vacant (studio)
-4 1 bed/1 bath, and 13 studios
-1 building with 6 units, 3 single family, 1 unit cottages and 4 duplexes
-1/2 acre lot
-6,800 SQ Large parking lot paved thats is in good condition
-Owner pays all utilities, trash and lawn
Heating: Single gas furnace in 6-unit apartment building and gas wall furnace in other units.
Cooling: Air conditioner in the main building, tenant optional window units in others.
Current owners have renovated 13 of 17 units with new LVP flooring, kitchens, baths, paint, lights, doors, appliances and trim. Exteriors have been repainted in 2023, roofs replaced on 5 of 8 buildings in 2023. New furnaces in units 9 and 10. New hot water tanks in units 1, 12, 14, 15, 16, 17, and 18. Electrical was updated in 2023 with GFCI. Exterior landscaping refreshed and trees removed in 2023. Parking lot seal coated and striped in 2023. New concrete walks in 2022.
All financial information attached as pdf, including additional photos.
Property is zoned commercial, the city allowed the property to be rent certified. This property is licensed as a rental with the city of Redford. We are looking for experienced multi-family investors for this property.
Location
State MI
County Wayne
Area Redford Twp
Zoning Multi-Family
Direction From 96, take the exit S onto Beach Daly Rd, Turn East on Plymouth Rd, the property is on your right at the corner of Plymouth Rd & Wormer Ave.
Interior
Heating Forced Air
Fireplace no
Heat Source Natural Gas
Exterior
Roof Type Asphalt
Road Frontage Paved
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Other
Level or Stories 2 Story
Structure Type Vinyl
Schools
School District South Redford
Others
Pets Allowed No
Tax ID 79045010327000
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional
Rebuilt Year 2024
Listing Terms Cash,Conventional
Financing Cash,Conventional