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Key Details
Sold Price $975,000
Property Type Commercial
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 9,266 sqft
Price per Sqft $105
Subdivision Suprvr'S Plat No 8 - Waterford Twp
MLS Listing ID 2210066028
Sold Date 09/22/21
Bedrooms 9
Originating Board Realcomp II Ltd
Year Built 1967
Annual Tax Amount $14,132
Lot Size 0.720 Acres
Acres 0.72
Lot Dimensions 330.00X97.00
Property Description
A Rare Find! 11 unit apartment building w/a freestanding oversized storage garage! 4 two-bedroom units, 2 one-bedroom with den units, 5 one-bedroom units. Great location & 100% occupancy! 9,212 square foot brick building plus garage! Building is consistently had 100% occupancy. Most, if not all of the units have been upgraded & improved. Other improvements include: Roof, windows, fencing, etc. All apartments have central air, stove, refrigerator & dishwasher & separate thermostats. Building is all electric & tenants pay for individual electric to their units & owner pays for foyer & outdoor lighting. All tenants are on either one-year leases or month to month. New rental rates for 2021 are $800-2bedrooms, $750-1 bedrooms w/dens & $700-1 bedrooms. Registered, Inspected & Certified as a rental property w/Waterford Township Building Dept. HURRY!!
Location
State MI
County Oakland
Area Waterford Twp
Zoning Commercial,Residential
Direction ON SASHABAW ROAD NORTH OF WALTON
Interior
Hot Water Electric
Heating Baseboard
Heat Source Electric
Exterior
Roof Type Asphalt,Rubber
Road Frontage Paved
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Structure Type Brick
Schools
School District Waterford
Others
Tax ID 1310226012
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Full Service
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Bought with Max Broock, REALTORS®-Birmingham