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$ 499,000
Est. payment | /mo
7,336 SqFt
$ 499,000
Est. payment | /mo
7,336 SqFt
Key Details
Property Type Commercial
Sub Type BusinessandRealEstate
Listing Status Active
Purchase Type For Sale
Square Footage 7,336 sqft
Price per Sqft $68
Subdivision Quandt State-Fort St Sub
MLS Listing ID 20250015381
Year Built 1942
Property Sub-Type BusinessandRealEstate
Property Description
Extremely rare investment opportunity. A mixed-use building featuring 5-unit apartment, as well as a first floor 3,700 square foot commercial space and 3,700 square foot basement. The apartments are fully occupied, bringing in $4,400 a month. The first floor will bring additional $2,000 plus per month once occupied, bringing the total income to over $80,000. Recently renovated, perfect for owner user/operator or strict investor. Land contract terms are possible! All measurements are approximate agent to verify.
Location
State MI
County Wayne
Area Area05143Lincolnpark
Interior
Heating ForcedAir, NaturalGas
Exterior
View Y/N No
Building
Foundation Basement, Block
Sewer PublicSewer
Water Public
Schools
School District Lincolnpark
Others
Senior Community false
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Nick Jaafar of Keller Williams Legacy
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "