255 Merton Road

    Detroit, MI 48203
    • $1,000,000
    • STATUS: Active
    • ON SITE: 68 days
    • MLS #: 219005705
    UPDATED: 61 min ago
    $1,000,000
    • 0
      BEDS
    • 0.39
      ACRES
    • 30
      BATHS
    • 0
      1/2 BATHS
    • 18,096
      SQFT
    • $55
      $/SQFT
    Type:
    Multi-Family
    Built:
    1952
    County:
    Zoning: Commercial
    Lot Size Dimensions: 140.00X120.00

    School Ratings & Info

    School District:

    Description

    FINANCING IN PLACE-JUST BRING A BUYER ready to put 20-30% downCAP 7.6%255-265 Merton Highland Park MI 4820315 unit in Palmer Park18,066 sq ftAll units are 2BR/2BA and +1,000sqftOne gas, one water meter (Landlord pays Water and Gas)Tenants pay electricMeticulously Maintained15 parking spaces in rear

    Monthly Payment Calculator

    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-03-26T22:56:27.933.
    www.homesearchannarbor.com/homes/90926601

    255 Merton Road Detroit, MI 48203

    • Price: $1,000,000
    • Status: Active
    • Updated: 61 min ago
    • MLS #: 219005705
    0
    Beds
    30
    Baths
    0
    ½ Baths
    0.39
    Acres
    18,096
    SQFT
    $55
    $/SQFT
    1952
    Built
    Neighborhood:
    MERRILL PALMER (ALSO PG 55 )
    County:
    Wayne
    Area:
    Det 6-8 Grfld-dequindre
    School District:
    DETROIT
    Property Description
    FINANCING IN PLACE-JUST BRING A BUYER ready to put 20-30% downCAP 7.6%255-265 Merton Highland Park MI 4820315 unit in Palmer Park18,066 sq ftAll units are 2BR/2BA and +1,000sqftOne gas, one water meter (Landlord pays Water and Gas)Tenants pay electricMeticulously Maintained15 parking spaces in rear
    Exterior Features

    Architecture Level 2 Story Architecture Style Common Entry Building Construction Materials Brick Foundation Details Basement Foundation Materials Block Lot Size Dimensions 140.00X120.00 Pool YN No Road Frontage Type Paved Roof Material Asphalt Waterfront YN No

    Interior Features

    Basement Type Common Basement YN Yes Baths Total 30.00 Heating Baseboard Heating Fuel Natural Gas Interior Features Cable Available Room Count 0 Sq Ft Combined 18096 Sq Ft Source Prd Sq Ft Total Basement 9043 Unit Efficiency Number Of 0 Unit One Bed Number Of 0 Unit Three Bed Number Of 0 Unit Two Bed Number Of 15

    Property Features

    Assessment 0 Encroachment YN No Gross Scheduled Income 126600.00 Income Projection Actual Inventory List YN No Land Contract YN No Legal Rental Certified YN No Listing Financing CashConventionalVaWarranty Deed Monthly Rental Income 10550 Net Operating Income 76811.00 Number Of Units Leased 15 Ownership Status Private OwnedShort Sale - No Percent Homestead Exempt YN No Postal City Highland Park Protection Period 180 Restrictions YN Yes Settlement City Sewer Sewer-Sanitary Short Sale No Tax Amount Summer 12571.0000 Tax Amount Winter 1318.0000 Title Private - Owned Total Tax 13889.0000 Transaction Type Sale Unit Loft Number Of 0 Unparsed Address 255 MERTON RD Water Source Municipal Water Zoning Commercial

    IDX provided courtesy of Realcomp II Ltd., via Vie Realty Group, Llc and Realcomp, ©2019 Realcomp II Ltd. Shareholders.
    Copyright 2019 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than The Toth Team - Keller Williams Ann Arbor Market Center are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2019-03-26T22:56:27.933.
     
    The Toth Team - Keller Williams Ann Arbor Market Center
    2144 S State St
    Ann Arbor MI, 48104