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$1,125,000 for Sale

5061 lakewood, detroit, MI 48213

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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.
General Information
Sale Price: $1,125,000
Price/SqFt: $66
Status: Active
MLS#: 019
City: detroit
Post Office: detroit
County: Wayne
Acres: 0.42
Lot Dim: 140.00 x 130.00
Size: 17,140 sq.ft.
Acreage: 0.42 est.
Year Built: 19
Property Type: Commercial/Industrial
Tax, Fees & Legal
Est. Summer Taxes:  $17,720
Est. Winter Taxes:  $2,156


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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: Kenneth Evans of Reach Realty Group

This listing last updated: Fri, September 06, 2024 at 10:57:19 AM EDT

MIRealSource Listing Data Last Updated On Monday, September 16 2024 at 9:42pm
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Listings presented by:
Kenneth Evans
Reach Realty Group
Call: (313) 704-2892

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