Welcome to New Center! Great opportunity to pick up a 4-unit where Henry Ford, the Detroit Pistons and Michigan State University have announced a multi BILLION dollar development plan. Currently two units are occupied and two are vacant. The property has a large back parking lot as well. All units… Read More have separate gas and electric meters. Tons of rent potential in this area with the prospect of appreciation to match. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Somerset, (248) 649-7200
Listing Snapshot
Days Online
6
Last Updated
Property Type
Multifamily
Square Ft.
4,327
Lot Size
0.2 Acres
Year Built
1909
MLS Number
20261021112
30 Days Snapshot Of 48202
$99k
-15%
(avg) sold price
9
+12%
homes sold
100
-34%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Unfinished, Basement?: 1
Building
4 total units, 2 leased units, 2 two-bedroom units, 2 three-bedroom units, Built in 1909, Architectural style: Colonial, Brick, 4,327 total square feet, 4,327 combined square feet, 1,776 total basement square feet, Unit count: 4
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Forced Air, Natural Gas
Lot
Lot size area: 0.20, Lot size dimensions: 50X175.22
Miscellaneous
Gross scheduled income: $72,000, Income projection: Projected, Monthly rental income: $6,000, Net operating income: $72,000
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