2540 Central Street

    Detroit, MI 48209
    • $1,199,000
    • STATUS: Active
    • ON SITE: 21 days
    • ID#: 218095538
    UPDATED: 192 min ago
    $1,199,000
    • 0
      BEDS
    • 0.44
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 17,594
      SQFT
    • $68
      $/SQFT
    Type:
    Commercial
    Built:
    1925
    County:
    Zoning: Residential
    Lot Size Dimensions: 100.00X190.00

    School Ratings & Info

    School District:

    Description

    O'Connor Real Estate is pleased to offer 2540 Central. The property has been owned and managed by the owner and has been well maintained throughout. A future owner can come in with fresh capital and upgrade individual apartments and make building wide renovations to add value. Each tenant pays their own utilities and each unit has it's own storage room which contains the units HVAC, Hot Water Tank and washer and dryer hookups. Building has passed lead paint inspection. Sale includes 2552 Central Street.Building Highlights Hardwood Floors New Roof Newer Windows 20 New furnaces 10 New Hot Water Tanks 21 New 100 AMP Panel 70 Percent of Plumbing Converted to Pex Camera System Gated Parking.

    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: 2018-10-20T23:56:21.803.
    www.detroitmetrorealestate.com/homes/88077641

    2540 Central Street Detroit, MI 48209

    • Price: $1,199,000
    • Status: Active
    • Updated: 192 min ago
    • ID#: 218095538
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.44
    Acres
    17,594
    SQFT
    $68
    $/SQFT
    1925
    Built
    Neighborhood:
    Sub Of Lot 6 Of Pc 60 (Plats)
    County:
    Wayne
    Area:
    Det South Of Grand River
    School District:
    DETROIT
    Property Description
    O'Connor Real Estate is pleased to offer 2540 Central. The property has been owned and managed by the owner and has been well maintained throughout. A future owner can come in with fresh capital and upgrade individual apartments and make building wide renovations to add value. Each tenant pays their own utilities and each unit has it's own storage room which contains the units HVAC, Hot Water Tank and washer and dryer hookups. Building has passed lead paint inspection. Sale includes 2552 Central Street.Building Highlights Hardwood Floors New Roof Newer Windows 20 New furnaces 10 New Hot Water Tanks 21 New 100 AMP Panel 70 Percent of Plumbing Converted to Pex Camera System Gated Parking.
    Exterior Features

    Architecture Level 2 Story Construction Materials Brick Exterior Features Private Entry Foundation Details Basement Foundation Materials Brick Lot Size Dimensions 100.00X190.00 Road Frontage Feet 100 Road Frontage Type Class B Roof Material Rubber Waterfront YN No

    Interior Features

    Commercial Utilities 220V AvailableSmoke Alarm Heating Cooling Forced Air Heating Fuel Natural Gas Room Count 0 Sq Ft Main 17594 Sq Ft Office 0 Sq Ft Source Prd Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 20 Water Heater Fuel Natural Gas

    Property Features

    Apod Available YN Yes Assessment 0 Business Type Residential Commercial Type Apartments Current Use Apartments Encroachment YN Yes Exclusions YN No Gross Scheduled Income 128100.00 Inventory Included YN Yes Inventory List YN No Land Contract YN No Legal Rental Certified YN Yes Listing Financing CashConventional Monthly Sales 10675 Net Operating Income 102929.00 Operating Expense 25171.00 Ownership Status Private OwnedShort Sale - No Percent Leased 100 Possession At Closing Postal City Detroit Protection Period 90 Days Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 6606.0000 Tax Amount Winter 789.0000 Title Private - Owned Total Tax 7395.0000 Unparsed Address 2540 CENTRAL ST Water Source Municipal Water Zone Conform YN Yes Zoning Residential

    IDX provided courtesy of Realcomp II Ltd., via O'connor 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: 2018-10-20T23:56:21.803.
     
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