11
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$2,600,000
Est. payment /mo
36 Baths
0.62 Acres Lot
Active
8207 Schaefer Highway Detroit, MI 48228
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Detroit City
Subdivision Detroit City
MLS Listing ID 50188314
Year Built 1957
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 27007
Source MiRealSource
Property Description
Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or self-manage. Ideal opportunity for cash buyer or bank financing.
Location
State MI
County Wayne
Exterior
View Y/N No
Others
Tax ID 22031207-19
Acceptable Financing Cash
Listing Terms Cash
Listed by Keller Williams Paint Creek
NEARBY SCHOOL & BUSINESS
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