$595,000
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14800 E VERNOR Detroit, MI 48215
9 Baths
3,049 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 20240029767
Sold Date 08/30/24
Year Built 1925
Annual Tax Amount $10,824
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 32.00 x 100.00
Source Realcomp
Property Description
Incredibly well located Pre War Brick Multifamily adjacent to Grosse Pointe Park. Aside from being in the direct path of rapid development, this building has the benefits of being WALKABLE to downtown Grosse Pointe Park areas for shopping, dining and services but without the hefty taxes. It is also close to bus stops and bike lanes for access to new retail development on Jefferson and Mack. 6 fully updated units with appliances. Six occupied units and private one year leases. 2022-2023 updates include 68 replacement windows , 75 Gallon hot water heater, exterior improvements, glass block basement windows, 2 sets of card operated laundry machines, actively serviced & maintained sewer and water lines, individual meters and professionally managed. Take advantage of this opportunity to add large potential to your growing portfolio. The hard work is done, own 9 doors under one roof with the chance to place your own new tenants, and pick up the recent capital improvements with your own basic maintenance program. Smart investors don't wait to buy multifamily buildings, they buy multifamily and wait. Adjacent parcel(s) DLBA BATVAI
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction East Vernor west of Alter and north of Kercheval
Interior
Heating Hot Water, Radiant, Steam
Exterior
View Y/N No
Building
Lot Description Sidewalk
Structure Type Brick,Stone
Schools
School District Detroit
Others
Tax ID W21I062064S
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
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