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Key Details
Sold Price $867,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 9,141 sqft
Price per Sqft $94
Subdivision Shady Lawn Sub No 1
MLS Listing ID 20230022341
Sold Date 03/27/23
Style Upper/Lower Apartment
Bedrooms 16
Full Baths 16
Originating Board Realcomp II Ltd
Year Built 1957
Annual Tax Amount $7,406
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 120.00 x 101.00
Property Description
This high-income 16-unit multifamily apartment building located in the Denby neighborhood in northeast Detroit. Built in 1957, building features 12 one-bedroom units (600 square feet), 4 two-bedroom units (650 square feet) and a classic low-rise, mid-century style courtyard with balconies and patio areas. Rent includes one parking space per unit plus guest parking. The building is 100% occupied with landscaped grounds with green areas and concrete walkways. The roof and windows were replaced in 2018 and the units underwent a full renovation in 2022 with new kitchens, electric baseboard heating, electrical, carpets and flooring. Rents range from $925-$1,100 with landing paying all utilities, onsite laundry with two washers and two dryers.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Zoning Multi-Family
Direction 7 Mile to Hoover
Rooms
Basement Unfinished
Interior
Interior Features Laundry Facility
Heating Forced Air
Fireplace no
Heat Source Electric
Laundry 1
Exterior
Roof Type Asphalt
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Upper/Lower Apartment
Level or Stories 2 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W17I013981C4
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Keller Williams Paint Creek