14800 E VERNOR HWY
DETROIT, MI 48215
$595,000
0 Beds
9 Baths
5,600 Sq Ft
Status Active Under Contract
MLS# 20240029767
Incredibly well located Pre War Brick Multifamily adjacent to Grosse Pointe Park. Aside from being in the direct path of rapid development, this building has the benefits of being WALKABLE to downtown Grosse Pointe Park areas for shopping, dining and services but without the hefty taxes. It is also close to bus stops and bike lanes for access to new retail development on Jefferson and Mack. 6 fully updated units with appliances. Five occupied with section 8 and private one year leases. 2022-2023 updates include 68 replacement windows , 75 Gallon hot water heater, exterior improvements, glass block basement windows, 2 sets of card operated laundry machines, actively serviced & maintained sewer and water lines, individual meters and professionally managed. Take advantage of this land contract opportunity to add large potential to your growing portfolio. The hard work is done, own 9 doors under one roof with the chance to place your own new tenants, and pick up the recent capital improvements with your own basic maintenance program. Smart investors don't wait to buy multifamily buildings, they buy multifamily and wait. Adjacent parcel(s) DLBA BATVAI
Details for 14800 E VERNOR HWY
Built in 1925
$106 / Sq Ft
0 parking spaces
Hot Water, Radiant, Steam
28 Days on website
0.07 acres lot
Price per square foot and days on website are not provided values and are calculated by RE/MAX.
RE/MAX Leading Edge, (313) 277-7777
IDX provided courtesy of Realcomp II Ltd. via RE/MAX Leading Edge. Copyright © 2024 Realcomp II Ltd. Shareholders.
Area Information for 14800 E VERNOR HWY
