Price Reduction
Address
11371 E 7 Mile Rd DETROIT, MI
Price
$ 249,900
Property Attributes
  • ML#5050021131
  • TypeMulti-Family
  • CountyWAYNE
  • CityDETROIT
  • AreaDetroit (Combined Area For Mls D
  • NeighborhoodSEVEN MILE HEIGHTS SUB
  • Zip48234
  • StyleRanch
  • Year Built1968
  • Taxes5124
  • Price$ 249,900
  • Bedrooms0
  • Full Bathrooms7
  • Half Bathrooms0
  • Sqr Footage3612
  • Lot Size6,534 SqFt
Listing Provided Courtesy Of:
Gebrael Management
Property Description

Great Investment Opportunity with this 7 unit apartment complex. One unit is a 2b/1b and the remaining 6 are all 1b/1b. There is currently 4 units rented 2 rehabbed and listed for rent with the remaining one getting wrapped up to list for rent. This complex is pretty turn key with mostly all the major rehab work already finished. Currently the rent roll is $1,985. Once the other units are rented the potential rent roll will be close to 4k/month. Owner pays water and tenants pay electric. All the units are electric baseboard heat. Please contact me for more information at 810-423-3718.

Price History
8/20/2020 Listed $259,900
11/20/2020 4% - $249,900

General Features

Listing Agent Public Id 500000206156
Originating MLS East Central Association of REALTORS®
Parcel Number W17I005178C80
Property Type Multifamily
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name SEVEN MILE HEIGHTS SUB
Total Sq Ft 3612
Transaction Type Sale
Year Built 1968

Interior Features

Full Baths 7
Heating Fuel Electric
Total Baths 7.00
Total Units 7

Exterior Features

Architecture Level 1 Story
Architecture Style Ranch
Foundation Slab
Lot Size Area 0.15
Lot Size Dimensions 6534
Water Source Municipal Water

Amenities

  • 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), © 2020 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 November 26, 2020 4:13 AM 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 48234

Price
AVG $60K
$250K
Taxes
AVG $1,434
$5,124
Visits
AVG 21
69
Year Built
AVG 1936
1968
Walkscore
AVG 53
47
Data Provided by Walkscore ® not using MLS data