16222 SCHAEFER Highway
Detroit, MI 48235
7911 sqft | 10 baths | 0.19 acres | #20250005861
Description
BACK ON MARKET, UPDATED PRICE, !!!CASH ONLY!!! 10 unit apartment building on high traffic road in Detroit. Ready for investment income today. 4 upper units, 4 lower units and 2 two story units. 1 Gas Meter, 1 Water Meter, tenants pay electric bill for units. Price reflects repairs needed, nothing a small crew couldn't handle. 900-1050 previous section 8 rents. Do not disturb current tenants.
Property Details
- Parking FeaturesParkingLot, Unassigned
- Basement DescriptionFull, PartiallyFinished
- SubdivisionMONNIER-PURITAN (PLATS)
- CoolingCeilingFans, WallUnits
- Cooling FeaturesCeilingFans, WallUnits
- FoundationBasement, Block
- Property TypeMulti-Family
- Parcel NumberW22I030037C8
- Sewer InformationPublicSewer
- MLS #20250005861
- Property SubtypeMultiFamily
- MLS #20250005861
- PetsSizeLimit
- Original List Price$350,000
- School DistrictDetroit
- Taxes Annual$11,797
- Utility SourcePublic
- Cost275000
- CountyWayne
- Acres0.19
- Square Feet7911
- Year Built1962
- Bathrooms10
- Full Baths10
- Days on Market (Cumulative)31
- Stories3
- Basement1
- Basement Finished1
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Tyson T Reeves (#335849), Email: tyson@tysonreeves.com
Listing Office: Tyson Reeves & Associates Realty (#408432)
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