24311 PLYMOUTH Road Active

Redford,MI 48239

$ 950000

- Bed

17 Baths

- SqFt


Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Redford Twp

Subdivision Redford Twp

MLS Listing ID 20240078562

Originating Board Realcomp

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 lawnHeating: 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 Wayne County - 100

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.

Rooms

Basement Slab

Interior

Heating Forced Air

Exterior

Waterfront No

View Y/N No

Building

Sewer Public

Water Public

Structure Type Vinyl Siding

Others

Tax ID 79045010327000

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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