$1,400,000
Active
13 Days Online
0 Beds24 Baths19,392 SQFT
Active

15321 E 9 Mile Road Eastpointe, MI 48021

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Situated on Nine Mile Road in Eastpointe, this apartment building presents a prime opportunity as a value-add property with significant potential. Comprising 24 units, including four two-bedroom units and twenty one-bedroom units, each unit features separated utilities. Water is either included in rent or charged back to tenants on a monthly basis. The building offers shared common areas in the basement, providing additional storage space. Tenants benefit from ample parking, and the property's proximity to major freeways ensures an easy commute. This property is ideal for investors seeking to add value and stabilize rents, capitalizing on its strategic location and promising market dynamics.

  • Property TypeMulti-Family
  • NeighborhoodGeorge Fischer
  • CountyMacomb
  • Taxes$46,439
  • HOA/Condo/Coop Fees$0
  • Days on Site13 Days
  • MLS StatusActive
  • MLS ID Number20240031219
  • Home Size Source Public Records
  • Year Built1955
  • Lot Size0.73 Acres
  • Full Baths24
  • Partial BathsN/A

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General Features

  • Style Upper/ Lower Apartment
  • Construction Brick
  • Parking Unassigned/ General
  • Sewer Public Sewer
  • Basement Interior Entry ( Interior Access)UnfinishedCommon
  • Number of Stories 2
  • Water Public
  • Property Sub Type Multi Family
  • Utilities Cable Available
  • Foundation Block
  • Zoning Multi-Family

Interior Features

  • Cooling Separate MeterWindow Unit(s)
  • Heating Forced AirSeparate MetersNatural Gas
  • Laundry Features Laundry Facility
  • Fireplace No

Exterior Features

  • Roof Asphalt
  • Spa No
  • Waterfront Property No

Community Features

  • Pets Call
  • MLS Area Eastpointe

Schools

School District
Eastpointe Community Schools
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$7,406
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