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31740 FRASER Drive Fraser, MI 48026
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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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