16165 Schaefer Highway

    Detroit, MI 48235
    • $350,000
    • STATUS: Active
    • ON SITE: 77 days
    • ID#: 218015711
    $350,000
    • 0
      BEDS
    • 0.25
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,682
      SQFT
    • $46
      $/SQFT
    Type:
    Commercial
    Built:
    1961
    County:
    Zoning: Multi-Family
    Lot Size Dimensions: 106.70X100.00

    School Ratings & Info

    School District:

    Description

    GREAT INVESTMENT...100% OCCUPIED... SECTION 8 PROPERTY...NEAR MARYGROVE COLLEGE... SINAI GRACE HOSPITAL... UofD MERCY... 8 - 2BEDROOM UNITS.. 50 BRAND NEW WINDOWS... UPDATED BOILER...WATER HEATER...PAINT AND CARPET THROUGHOUT...COVERED CARPORT PARKING...COIN LAUNDRY ON SITE... GREAT MONEY MAKER... CASH FLOW FROM DAY ONE...GET IN ON THE ACTION WHILE CLEAN OPPORTUNITIES LIKE THIS STILL EXIST... ALL DATA APPROXIMATE...BATVAI...THIS WILL NOT LAST LONG...SCHEDULE YOUR SHOWING TODAY!

    Monthly Payment Calculator

    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-07-16T23:58:02.823.
    www.detroitmetrorealestate.com/homes/83084740

    16165 Schaefer Highway Detroit, MI 48235

    • Price: $350,000
    • Status: Active
    • ID#: 218015711
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.25
    Acres
    7,682
    SQFT
    $46
    $/SQFT
    1961
    Built
    Neighborhood:
    MONNIER-COLLEGE PARK (PLATS)
    County:
    Wayne
    Area:
    Det 6-tire - Grnfld - Livernois
    School District:
    DETROIT
    Property Description
    GREAT INVESTMENT...100% OCCUPIED... SECTION 8 PROPERTY...NEAR MARYGROVE COLLEGE... SINAI GRACE HOSPITAL... UofD MERCY... 8 - 2BEDROOM UNITS.. 50 BRAND NEW WINDOWS... UPDATED BOILER...WATER HEATER...PAINT AND CARPET THROUGHOUT...COVERED CARPORT PARKING...COIN LAUNDRY ON SITE... GREAT MONEY MAKER... CASH FLOW FROM DAY ONE...GET IN ON THE ACTION WHILE CLEAN OPPORTUNITIES LIKE THIS STILL EXIST... ALL DATA APPROXIMATE...BATVAI...THIS WILL NOT LAST LONG...SCHEDULE YOUR SHOWING TODAY!
    Exterior Features

    Architecture Level 2 Story Commercial Exterior Features Outside Lighting Construction Materials Brick Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 106.70X100.00 Road Frontage Feet 106 Road Frontage Type Paved Roof Material AsphaltRubber Waterfront YN No

    Interior Features

    Commercial Utilities Fire SprinklerSmoke Alarm Heating Cooling BaseboardSteam Heating Fuel Natural Gas Room Count 0 Sq Ft Main 800 Sq Ft Office 100 Sq Ft Source Prd Unit Two Bed Number Of 8 Water Heater Fuel Natural Gas

    Property Features

    Apod Available YN Yes Assessment 23985.78 Business Type Residential Commercial Type Commercial Current Use Appartment Building Encroachment YN No Exclusions YN No Gross Scheduled Income 91440.00 Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Sales 7620 Net Operating Income 50703.00 Operating Expense 40738.00 Ownership Status Private OwnedShort Sale - No Possession Immd Postal City Detroit Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 4495.0000 Tax Amount Winter 24520.0000 Title Private - Owned Total Tax 29015.0000 Unparsed Address 16165 SCHAEFER HIWY Water Source Municipal Water Zone Conform YN Yes Zoning Multi-Family

    IDX provided courtesy of Realcomp II Ltd., via Own It Realty and Realcomp, ©2016 Realcomp II Ltd. Shareholders.
    Copyright 2018 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Classic are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2018-07-16T23:58:02.823.
     
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