5061 LAKEWOOD Street Active

Detroit,MI 48213

$ 1125000

- Bed

0 Bath

17140 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 17,140 sqft

Price per Sqft $65

MLS Listing ID 20240036378

Year Built 1955

Annual Tax Amount $19,876

Lot Size 0.420 Acres

Property Description

!!!!!Projected net profit of 10-12% or $110,000-120,000 after all expenses!!! Beautifully renovated apartment complex has 20 units. Can be fully rented at closing at the discretion of the buyer. 12 very large 2 bedroom units and 8 comfortable 1 bedroom units. This complex is located in a stable and high demand rental area. Schedule an appointment today. BATVAI. Purchaser to pay a 495 transaction fee at closing.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family,Residential

Exterior

View Y/N No

Building

Sewer Public

Water Public

Structure Type Brick

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