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3675 Oakman Boulevard

Detroit, MI 48204
  • $599,000
  • STATUS: Active
  • ON SITE: 46 days
  • ID#: 2210042553
Price Reduced
UPDATED: 106 min ago
$599,000
  • 0
    BEDS
  • 0.12
    ACRES
  • 16
    BATHS
  • 0
    1/2 BATHS
  • 7,647
    SQFT
  • $78
    $/SQFT
Type:
Multi-Family
Built:
1929
County:
Zoning:
Multi-Family
Lot Size Dimensions:
45.00X120.00

School Ratings & Info

School District:

Description

INVESTMENT OPPORTUNITY!!! RENTAL INCOME!!! Dont miss this great opportunity to purchase this 16 unit rental property less remodeled in 2015! Newer electrical, plumbing, windows, and roof. Apartment building consists of 16 total units, 9 one bedrooms and 7 studios. Each unit features 1 full bath, hot water tank, and furnace. Majority of tenants are long term and would like to renew annual lease agreements. Studios rent between $450 - $550, One bedrooms rent between $550 - $650. You will never have a problem finding tenants with this location. **24 hour notice required for all showings**Pre-qualified buyers only**

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-25T23:56:04.15.
www.purchasemi.com/homes/118071575
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3675 Oakman Boulevard Detroit, MI 48204

  • Price: $599,000
  • Status: Active
  • Updated: 106 min ago
  • ID#: 2210042553
0
Beds
16
Baths
0
½ Baths
0.12
Acres
7,647
SQFT
$78
$/SQFT
1929
Built
Neighborhood:
Robert Oakmans Cortland & Ford Highway (Plats)
County:
Wayne
Area:
Det 6-tire - Grnfld - Livernois
School District:
DETROIT
Property Description
INVESTMENT OPPORTUNITY!!! RENTAL INCOME!!! Dont miss this great opportunity to purchase this 16 unit rental property less remodeled in 2015! Newer electrical, plumbing, windows, and roof. Apartment building consists of 16 total units, 9 one bedrooms and 7 studios. Each unit features 1 full bath, hot water tank, and furnace. Majority of tenants are long term and would like to renew annual lease agreements. Studios rent between $450 - $550, One bedrooms rent between $550 - $650. You will never have a problem finding tenants with this location. **24 hour notice required for all showings**Pre-qualified buyers only**
Exterior Features

Architecture Level 4-10 Story Architecture Style Common Entry Building Construction Materials Block/Concrete/Masonry Foundation Details Basement Foundation Materials Block Lot Size Dimensions 45.00X120.00 Multifamily Parking On StreetPaved Pool YN No Road Frontage Feet 25 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

Interior Features

Basement Type Common Basement YN Yes Baths Total 16.00 Cooling Ceiling Fan(S) Heating Forced Air Heating Fuel Natural Gas Interior Features Cable AvailableHigh Spd Internet Avail Room Count 0 Sq Ft Combined 7647 Sq Ft Total Basement 2549 Unit Efficiency Number Of 7 Unit One Bed Number Of 9 Unit Three Bed Number Of 0 Unit Two Bed Number Of 0 Water Heater Fuel Natural Gas

Property Features

Assessment 0 Encroachment YN No Exclusions YN No Gross Scheduled Income 90600.00 Income Projection Actual Inventory List YN Yes Land Contract YN No Legal Rental Certified YN No Listing Financing CashConventional Monthly Rental Income 7550 Net Operating Income 18160.00 Number Of Units Leased 13 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Detroit Protection Period 180 Restrictions YN No Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 1877.0000 Tax Amount Winter 117.0000 Title Private - Owned Total Tax 1994.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 3675 OAKMAN BLVD Water Source Municipal Water Year Remodeled 2015 Zone Conform YN No Zoning Multi-Family

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© 2021 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than Keller Williams West Bloomfield are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2021-07-25T23:56:04.15.
 
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Keller Williams West Bloomfield
30500 Northwestern Hwy Ste 300
Farmington Hills MI, 48334