$275,000
$275,000
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16222 SCHAEFER Highway Detroit, MI 48235
10 Beds
10 Baths
7,911 SqFt
Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,911 sqft
Price per Sqft $34
Subdivision Monnier-Puritan (Plats)
MLS Listing ID 20250005861
Style Upper/Lower Apartment
Bedrooms 10
Full Baths 10
Year Built 1962
Annual Tax Amount $11,797
Lot Size 8,276 Sqft
Property Sub-Type Upper/Lower Apartment
Property 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.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Zoning Multi-Family
Interior
Heating Baseboard
Cooling Ceiling Fan(s), Wall Unit(s)
Laundry 1
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Detroit
Others
Assessment Amount $100
Acceptable Financing Cash
Listing Terms Cash
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