$595,000
Active Under Contract
28 Days Online
0 Beds9 Baths5,600 SQFT
Active Under Contract

14800 E Vernor Detroit, MI 48215

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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. Five occupied with section 8 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 land contract 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

  • Property TypeMulti-Family
  • NeighborhoodC B Sherrard Sub (Plats)
  • CountyWayne
  • Taxes$10,824
  • HOA/Condo/Coop Fees$0
  • Days on Site27 Days
  • MLS StatusActive Under Contract
  • MLS ID Number20240029767
  • Home Size Source Owner
  • Year Built1925
  • Lot Size0.07 Acres
  • Full Baths9
  • Partial BathsN/A

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General Features

  • Style Common Entry BuildingOtherUpper/ Lower Apartment
  • Construction BlockBrickStone
  • Basement Partially Finished
  • Number of Stories Three Or More
  • Property Sub Type Multi Family
  • Utilities Other
  • Foundation BlockBrick/ Mortar
  • Zoning Multi-Family

Interior Features

  • Heating Hot WaterRadiantSteamNatural Gas
  • Interior Smoke AlarmCarbon Monoxide Alarm(s)OtherHigh Speed Internet AvailableProgrammable Thermostat
  • Laundry Features Laundry Facility
  • Window Features Egress Window(s)
  • Fireplace No

Exterior Features

  • Spa No
  • Waterfront Property No

Community Features

  • Pets Call
  • MLS Area Det: Mcclellan East/Mack To Shor

Schools

School District
Detroit
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$3,176
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