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$1,400,000 pending

15321 e 9 mile, eastpointe, MI 48021

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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.
General Information
Sale Price: $1,400,000
Price/SqFt: $72
Status: Pending
MLS#: 735
City: eastpointe
Post Office: eastpointe
Schools: eastpointe community schl
County: Macomb
Subdivision: george fischer
Acres: 0.73
Lot Dim: 200.00 x 160.00
Bedrooms:0
Bathrooms:24   (24 full, 0 half)
Size: 19,392 sq.ft.
Acreage: 0.73 est.
Year Built: 1955
Style: 2 Story
Features & Room Sizes
Basement:  No
Cooling:  Window Unit(s)
Heating:  Forced Air
Tax, Fees & Legal
Est. Summer Taxes:  $45,140
Est. Winter Taxes:  $1,299


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Jerry Kizy of Keller Williams Somerset

This listing last updated: Sun, July 28, 2024 at 3:40:53 PM EDT

MIRealSource Listing Data Last Updated On Sunday, September 8 2024 at 7:15pm
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Listings presented by:
Jerry Kizy
Keller Williams Somerset
Call: (248) 670-4103

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