Detroit, MI 48215,14800 E VERNOR

$595,000

Est. payment /mo

$595,000

Est.Price: ?

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14800 E VERNOR Detroit, MI 48215

7 Beds

9 Baths

5,600 SqFt

SOLD DATE : 08/30/2024

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

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

Property Sub-Type Common Entry Building,Other,Upper/Lower Apartment

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

Interior

Hot Water Natural Gas

Heating Hot Water, Radiant, Steam

Laundry 1

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Structure Type Block/Concrete/Masonry,Brick,Stone

Schools

School District Detroit

Others

Assessment Amount $100

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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Realcomp MLS
Listed by Heather Dell of RE/MAX Leading Edge
Bought with RE/MAX Leading Edge
agent

Tim Sova

Broker Associate

+1(810) 844-2316

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