12850 Chicago

    Detroit, MI 48228
    • $2,300,000
    • STATUS: Active
    • ON SITE: 41 days
    • MLS #: R219020730
    UPDATED: 66 min ago
    $2,300,000
    • 0
      BEDS
    • 0.93
      ACRES
    • 6
      BATHS
    • 3
      1/2 BATHS
    • 45,312
      SQFT
    • $51
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1969
    County:

    School Ratings & Info

    School District:

    Description

    Clean well running buildings of this size are rare in the market. Majority of units have been renovated in the last 2 years. Roof was updated a year ago, hot water tanks installed in last 6 months. Onsite manager has been with the building for over 20 years! Previous owners converted several 1 bedrooms, into very large 2 and 3 bedroom units. The opportunity exists to return the building to more units, and increase the overall gross rent. Onsite laundry, gated secure parking lot! Please do not approach the building without an accepted offer, tenants are not aware of sale.

    Monthly Payment Calculator



    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Toth Team - Keller Williams Ann Arbor Market Center. Data last updated: 2019-04-24T17:13:36.233.
    www.homesearchannarbor.com/homes/92629381

    12850 Chicago Detroit, MI 48228

    • Price: $2,300,000
    • Status: Active
    • Updated: 66 min ago
    • MLS #: R219020730
    0
    Beds
    6
    Baths
    3
    ½ Baths
    0.93
    Acres
    45,312
    SQFT
    $51
    $/SQFT
    1969
    Built
    Neighborhood:
    Bal Of Wayne Co
    County:
    Wayne
    Area:
    Bal Of Wayne Co
    School District:
    DETROIT
    Property Description
    Clean well running buildings of this size are rare in the market. Majority of units have been renovated in the last 2 years. Roof was updated a year ago, hot water tanks installed in last 6 months. Onsite manager has been with the building for over 20 years! Previous owners converted several 1 bedrooms, into very large 2 and 3 bedroom units. The opportunity exists to return the building to more units, and increase the overall gross rent. Onsite laundry, gated secure parking lot! Please do not approach the building without an accepted offer, tenants are not aware of sale.
    Exterior Features

    Lot Dimensions 150X275x150x275 Parking Spaces 0

    Interior Features

    Basement Yes Laundry Yes Num Efficiencies 0 Num One Bed Units 0 Num Three Bed Units 0 Num Two Bed Units 0 Sq Ft Finished Above Grade 45312 Sq Ft Finished Below Grade 0 Sq Ft Total Finished 45312 Total Bedrooms 0

    Property Features

    Agreement Type Exclusive Rt To Sell Annual Rental Income Realcomp Annual Rental Income1 374400.00 Certified Year 0 City Or Township City Exp From Tax Return 0.00 Legal Description N W Chicago S 276.5 Ft 4 Robert M Grindleys Sub Of Little Farms L27 P97 PlatsW C R 22/574 148.83 Irreg Misc Expenses 0.00 Ownership Private Owned Projected Or Actual Actual State Eq Value 0 State Eq Value Year 0 Summer Taxes 0.00 Summer Taxes Year 0 Tax Value 0 Tax Value Year 0 Tax Year 0 Taxes 17969.00 Winter Taxes 0.00 Winter Taxes Year 0 Zoning Multi-Family

    Listing provided courtesy of Social Realty Llc.


    © 2019 Ann Arbor Area Association of Realtors Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Toth Team - Keller Williams Ann Arbor Market Center. Data last updated: 2019-04-24T17:13:36.233.
     
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104