Fraser, MI 48026,31740 FRASER Drive
$1,525,000
$1,795,000
15.0%
Est.Price: ?

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18 BD
18 BA
15,120 SqFt

31740 FRASER Drive Fraser, MI 48026

Est. payment /mo
SOLD DATE : 12/14/2021

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Key Details

Sold Price $1,525,000

Property Type Multi-Family

Sub Type Upper/Lower Apartment

Listing Status Sold

Purchase Type For Sale

Square Footage 15,120 sqft

Price per Sqft $100

Subdivision A/P # 08 Fraser

MLS Listing ID 2210077802

Style Upper/Lower Apartment

Bedrooms 18

Full Baths 18

Year Built 1969

Annual Tax Amount $21,986

Lot Size 0.890 Acres

Property Description

NO SHOWINGS UNTIL AN ACCEPTABLE OFFER HAS BEEN PRESENTED AND ACCEPTED! NO EXCEPTIONS PLEASE! A Rare Find! 18 units /2 brick apartment buildings w/ 12 units @ 31740 Fraser Dr. & 6 units @ 31735 Linden Ave. All 18 apartments are one-bedroom units. Great location & 100%occupancy! 15,120 square foot brick buildings. Building is consistently 100% occupancy. Almost $450K in improvements include: brand new decking/walkways on both buildings, many new windows, some new furnace/ac units, most, if not all of the units have been upgraded & improved, etc. All apartments have central air, stove, refrigerator, disposals & separate thermostats. Building is all electric & tenants pay for individual electric to their units & owner pays for entry ways & outdoor lighting. All tenants are either on a one-year lease or month to month. New rental rates for 2022 will be $800 per month. Registered, Inspected & Certified as a rental property w/City of Fraser Building Dept. HURRY, HURRY, HURRY!

Location

State MI

County Macomb

Area Fraser

Zoning Multi-Family

Interior

Hot Water Electric

Heating Forced Air

Cooling Ceiling Fan(s), Central Air

Exterior

Garage Spaces 30.0

Roof Type Rubber

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Structure Type Brick

Schools

School District Fraser

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Realcomp MLS
Listed by Thomas M Kuchulan of RE/MAX First
Bought with Unidentified Office

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agent

Samantha Hillery

Founder/Realtor | License ID: 6501419544

+1(248) 917-6460

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