2255 Webb Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48206
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 150,689 sqft
Price per Sqft $45
Subdivision Oakman & Stoll
MLS Listing ID 58050172514
Full Baths 156
Originating Board MiRealSource
Year Built 1948
Annual Tax Amount $186,732
Lot Size 4.870 Acres
Acres 4.87
Lot Dimensions 212137
Property Description
CALLING ALL INVESTORS!! This Russell Woods apartment complex has 156 units and is an ADD VALUE INVESTMENT/OPPORTUNITY!! 60% occupied! 100 one bed/one bath and 56 two beds/one bath units. Occupied units are in great condition. Vacant units just need turned and rented. This complex is made up of 28 buildings on one plot of land! Rare find. Fenced property. Some of the roofs have been updated/replaced. Most of the windows have been updated to vinyl. Half the complex is boiler heat and the other half has furnaces in each unit. Great mix! Good rents. Located in the great Russell Woods Community of Detroit! This will be a cash cow once units are turned and fully occupied! Serious buyers only please!
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Interior
Heating Forced Air,Separate Meters,Steam
Fireplace no
Heat Source Natural Gas
Exterior
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID 08003410002L
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional