$595,000
$595,000
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14800 E VERNOR Detroit, MI 48215
7 Beds
9 Baths
5,600 SqFt
Key Details
Sold Price $595,000
Property Type Multi-Family
Sub Type Common Entry Building,Other,Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $106
Subdivision C B Sherrard Sub (Plats)
MLS Listing ID 20240029767
Sold Date 08/30/24
Style Common Entry Building,Other,Upper/Lower Apartment
Bedrooms 7
Full Baths 9
Year Built 1925
Annual Tax Amount $10,824
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 32.00 x 100.00
Property Sub-Type Common Entry Building,Other,Upper/Lower Apartment
Source Realcomp II Ltd
Property Description
Incredibly well located Pre War Brick Multifamily adjacent to Grosse Pointe Park. Aside from being in the direct path of rapid development, this building has the benefits of being WALKABLE to downtown Grosse Pointe Park areas for shopping, dining and services but without the hefty taxes. It is also close to bus stops and bike lanes for access to new retail development on Jefferson and Mack. 6 fully updated units with appliances. Six occupied units and private one year leases. 2022-2023 updates include 68 replacement windows , 75 Gallon hot water heater, exterior improvements, glass block basement windows, 2 sets of card operated laundry machines, actively serviced & maintained sewer and water lines, individual meters and professionally managed. Take advantage of this opportunity to add large potential to your growing portfolio. The hard work is done, own 9 doors under one roof with the chance to place your own new tenants, and pick up the recent capital improvements with your own basic maintenance program. Smart investors don't wait to buy multifamily buildings, they buy multifamily and wait. Adjacent parcel(s) DLBA
BATVAI
Location
State MI
County Wayne
Area Det: Mcclellan East/Mack To Shor
Zoning Multi-Family
Direction East Vernor west of Alter and north of Kercheval
Rooms
Basement Partially Finished
Interior
Interior Features Smoke Alarm, Carbon Monoxide Alarm(s), Egress Window(s), ENERGY STAR® Qualified Window(s), Other, High Spd Internet Avail, Laundry Facility, Programmable Thermostat
Hot Water Natural Gas
Heating Hot Water, Radiant, Steam
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Road Frontage Paved, Pub. Sidewalk
Garage no
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Architectural Style Common Entry Building, Other, Upper/Lower Apartment
Level or Stories 3 Story
Structure Type Block/Concrete/Masonry,Brick,Stone
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W21I062064S
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash, Conventional, FHA, VA
Rebuilt Year 2023
Listing Terms Cash, Conventional, FHA, VA
Financing Cash,Conventional,FHA,VA
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Bought with RE/MAX Leading Edge