24311 PLYMOUTH Road Redford Twp, MI 48239

Multi-Family Residence

Beds

17 Baths

Sq. Ft.

0.13 Acre Lot

Property Activity

Time on Site

days

Days on Market

Views

Saves

Last updated on 11/8/2024 4:47 AM

Listing Details

This 17 Unit apartment building in Redford MI has had lots of recent updates, but still has tons of potential to add even more value! Snapshot: -17 Units, 16 occupied, 1 vacant (studio) -4 1 bed/1 bath, and 13 studios -1 building with 6 units, 3 single family, 1 unit cottages and 4 duplexes... -1/2 acre lot -6,800 SQ Large parking lot paved thats is in good condition -Owner pays all utilities, trash and lawn Heating: Single gas furnace in 6-unit apartment building and gas wall furnace in other units. Cooling: Air conditioner in the main building, tenant optional window units in others. Current owners have renovated 13 of 17 units with new LVP flooring, kitchens, baths, paint, lights, doors, appliances and trim. Exteriors have been repainted in 2023, roofs replaced on 5 of 8 buildings in 2023. New furnaces in units 9 and 10. New hot water tanks in units 1, 12, 14, 15, 16, 17, and 18. Electrical was updated in 2023 with GFCI. Exterior landscaping refreshed and trees removed in 2023. Parking lot seal coated and striped in 2023. New concrete walks in 2022. All financial information attached as pdf, including additional photos. Property is zoned commercial, the city allowed the property to be rent certified. This property is licensed as a rental with the city of Redford. We are looking for experienced multi-family investors for this property. Continue reading

Source MLS

Real Comp

Originating MLS

Realcomp II Ltd

MLS#

20240078562

Property Type

Multi-Family

Bathrooms

17 Full

Year Built

1948