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Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Sold
Purchase Type For Sale
Square Footage 7,336 sqft
Price per Sqft $34
Subdivision Quandt State-Fort St Sub
MLS Listing ID 20240016780
Year Built 1942
Property Sub-Type RealEstateOnly
Property Description
Excellent investment property in a prime location. This mixed use building contains 5 residential units on the 2nd floor, and all are currently leased generating $3,175/month. The 1st floor is aproximately 3700 sq/ft and currently vacant. It was last leased for $2,000/month. Total income would generate $5,000 + per month. The first floor does need some cosmetic TLC as the previous tenant removed the drop ceiling. Great property overall with lots of potential for growth. (Measurements approximated. All information provided is deemed reliable but not guaranteed and should be independently verified. Buyer's agent is to verify all information.)
Location
State MI
County Wayne
Area Area05143Lincolnpark
Exterior
View Y/N No
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
New Construction No
Schools
School District Lincolnpark
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
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