Ford Row Apartments is a 23 unit apartment building located in Warren, MI. The units are a mix of 9 one bedroom and 14 two bedroom apartments. Ford Row is located on one block, all of the apartment units are attached and in a row, with separate entrances. The 23 units at Ford Row are individually parceled, with the seller owning the entire block except for two units in the middle of the property. Although the units are attached, they function as separate homes, with all utilities individually metered and paid by the tenants. The owner is only responsible for utilities in vacant units. Each unit features washer and dryer hookups, a backyard maintained by the tenant, and street parking. The property operates efficiently and cost-effectively, as most expenses are borne by the tenants, while the unified structure enhances overall management efficiency.
Great opportunity for a value add or a turn key, low risk, income producing rental. Both units are currently rented MTM but well under market. Everything is in good shape and working. Tenants express interest in staying and are current on rent. Both units have separate gas and water meters. Rent includes water. Please do not disturb tenants or approach the home without authorization.
GREAT OPPORTUNITY with this Unique Property! - 3 Bedroom Main House of 1,926 sf & Second Building/House has Two 600+ sq ft efficiency units, totaling approximately 3,174 sf of living space with 5 Bedrooms , 4 Bathrooms. Each Efficiency Unit has laundry area hookups within unit. Many Updates, including flooring, tiled showers, freshly painted interior and exterior, newly poured large concrete porch, plus additional updates throughout....you really need to see this one. Priced to sell at less than $90 a sq. ft., contact listing agent for a private showing.
Investor Special!!! This 2-unit duplex has been professionally managed and maintained since purchase over the last 6 years. Fully city certified and rented for $1,550 per month to long term tenants ($850/$700 leases). Could rent for over $1,900/mo with current rental rates. Lower unit is 2BR/1BA, upper unit is 1BR/1BA. Full unfinished basement with laundry. Separate utilities. *NO SHOWINGS WITHOUT ACCEPTED OFFER. DO NOT DISTURB TENANTS*
The median home value in Warren, MI is $190,000. This is lower than the county median home value of $222,600. The national median home value is $338,100. The average price of homes sold in Warren, MI is $190,000. Approximately 65.69% of Warren homes are owned, compared to 27.59% rented, while 6.72% are vacant. Warren real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Warren real estate agent to arrange a tour today!
Warren, Michigan has a population of 138,996. Warren is less family-centric than the surrounding county with 25.98% of the households containing married families with children. The county average for households married with children is 28.44%.
The median household income in Warren, Michigan is $55,153. The median household income for the surrounding county is $67,828 compared to the national median of $69,021. The median age of people living in Warren is 39.1 years.
The average high temperature in July is 83 degrees, with an average low temperature in January of 18.3 degrees. The average rainfall is approximately 33.5 inches per year, with 30.5 inches of snow per year.