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Posted: Tuesday, November 8, 2016 12:49 AM

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APARTMENT COMPLEX FOR SALE

Location Information Lot Information
County: Macomb Acreage: 0.35
City: Eastpointe Lot Dim: 120.00X129.00
Mailing City: Eastpointe Front Feet: 120

School Dist: East Detroit
Location: N of 9 MILE, E of GRATIOT
Directions: NORTH 9 MILE, EAST GRATIOT
General Information Business Information
Year Built/Rmd: 1963 Zoning: Commercial
#Units/ $ Lsd: 8 / 100% Current Use: APARTMENTS
# Eff Units: 0 Bus Type:
# 1 BR Units: 8 Licenses:
# 2 BR Units 0 Rent Incl:
# 3 BR Units: 0 Inv List: No Zone Conform: Yes
Encroachments: No Inv Incl: No Rent Cert'd: Yes
APOD Avail: Restrictions: No
Income and Expenses Access To / Distance To Square Footage
Monthly Sales: $4,800 Airport: Est Sqft Ttl: 5,396
Annl Net Inc: $17,668 Interstate: Est Sqft Main: 5,396
Annl Gross Inc: $57,600 Railroad: Est Sqft Office:
Annl Oper Exp: $39,932 Waterway: Sqft Source: PRD
Listing Information
Listing Date: 03/21/2016 Pending Date: Off Mkt Date: Trans Type: Sale
Terms: Cash, Conventional, Land Contract

Possession: IMMED Short Sale: No
Access: Appointment Exclusions: No

Land DWP: $107,500 Land Int Rate: 6 Land Payment: $3,225 Land Terms: 36
Features
Arch Level: 2 Story Road Frontage: Paved
Foundation: Basement Foundation Mtrl: Poured
Exterior: Brick Roof Mtrl:
Exterior Feat: Heating: Forced Air
Heating Fuel: Gas Plant Heating:
Wtr Htr Fuel: Gas Office Heating: Forced Air
Water Source: Municipal Water Sewer: Sewer-Sanitary
Legal/Tax/Financial

Ownership: Private - Owned
Tax Summer: $7,858 Tax Winter: $277 Other/Spec Asmt: 175.44


Remarks
Pub Rmks: GREAT INVESTMENT OPPORTUNITY. VERY WELL MAINTAINED ALL BRICK 8 UNIT APARTMENT COMPLEX. 100% LEASED. GREAT LOCATION! NEWER ROOF & CONCRETE. GARBAGE PICK UP IS $40.00/MONTH. 2 WASHERS AND DRYERS. BASEMENT. 1 CASH TENANT HAS BEEN THERE FOR 6 YEARS. LAND CONTRACT AVAILABLE.

OFFERED AT $429,900.00


FOR MORE INFORMATION 248-636-6636 : EMAIL FULL NAME AND EMAIL ADDRESS WITH CONTACT INFORMATION.

THANK YOU

• Location: Detroit, East Pointe

• Post ID: 24620061 detroit
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