14662,648,632 Prospect Street Dearborn, MI
$ 1,159,000
Property Attributes
  • ML#2200096514
  • TypeMulti-Family
  • CountyWAYNE
  • CityDearborn
  • AreaDearborn
  • NeighborhoodJOHN H WALSH
  • Zip48126
  • StyleCommon Entry Building,Townhouse,Upper/Lower Apartm
  • Year Built1985
  • Taxes16162
  • Price$ 1,159,000
  • Bedrooms16
  • Full Bathrooms12
  • Half Bathrooms0
  • Sqr Footage10500
  • Lot Size10,019 SqFt
Listing Provided Courtesy Of:
Century 21 Curran & Oberski
Property Description

12 Units Total 3 Brick Buildings (Also See Commercial Listing ML #2200093869) Quaint Subdivision In Prime Dearborn Near Everything 14662,14648,14632, Prospect St.,Dearborn, MI 48126 Approximately 10500 Square Feet, 4 Two Bedroom And 8 One Bedroom Units Close To Ford World Headquarters U of M Dearborn Henry Ford College DTW Airport Downtown Detroit Wayne State University Dearborn DAC Wagner Place Almost Directly In The Middle Of Both East And West Downtown Dearborn Corridors Ford Is Investing Billions In Its EV Development Campus In Central Train Depot At Corktown This Is A Perfect Location To Realize Steady Rental Income Currently Grossing $96000 Annually Rental Rates Are Very Tenant Friendly Excellent Tenant Base With Very Low Turnover Leases Are Month-To-Month Average Tenancy Is Three Years Buildings And Grounds Are Very Well Maintained By Both Lessor And Lesees' Each Unit Includes A Carport Showings Require Pre-Approval Proof Of Funds Must Be Covid Compliant Data Approximate.

Price History
12/8/2020 Listed $1,159,000

General Features

Construction Materials Brick, Vinyl
Cooling Central Air, Separate Meter, Wall Unit(s)
Cumulative Days on Market 47
Gross Scheduled Income 96000.00
Heating Forced Air
Listing Agent Public Id 170533
Net Operating Income 56846.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number 32821018419030
Property Type Multifamily
Rent Includes Garbage Pickup, Snow Removal, Water/Sewer, Yard Maintenance
School District Dearborn
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name JOHN H WALSH
Terms Offered Cash, Conventional, Warranty Deed
Total Sq Ft 10500
Transaction Type Sale
Year Built 1985
Year Remodeled 2010
Zoning Multi-Family

Interior Features

Full Baths 12
Heating Fuel Natural Gas
Interior Features Cable Available
Total Baths 12.00
Total Units 12
Unit Count 2

Exterior Features

Architecture Level 2 Story
Architecture Style Common Entry Building, Townhouse, Upper/Lower Apartment, Other
Foundation Slab
Foundation Materials Block, Poured
Frontage Feet 245
Lot Size Area 0.23
Lot Size Dimensions 245x110
Porch Porch
Roof Material Asphalt
Water Source Municipal Water


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

IDX provided courtesy of Realcomp II Ltd., via Linked Realty and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of January 26, 2021 7:44 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48126

AVG $260K
AVG $4,071
AVG 25
Year Built
AVG 1935
AVG 68
Data Provided by Walkscore ® not using MLS data