Residential/ commercial investment, 4 Apartment 100% leased , Two of them 1 BR and Two 3 BR. and two retail store leased for total of $1950 Gross Lease. See my website for full info.
6,363 SF 2 story brick structure. Building can be converted to office space, student or senior housing. Walking distance to Oakland University, and retail stores in Mt. Clemens. Occupants would have easy access to the Smart Bus Line.
ATTENTION INVESTORS!!!!AMAZING DEAL"GREAT INVESTMENT, ROI(13%), INCOME 12000/YEAR. 100% OCCUPANCY .BEAUTIFUL CHARMING Brick Home IN THE PRIME AREA OF ROSEVILLE. , upstairs hasseparate entrance & huge balcony. Newer roof & 2 newer Furnaces & Hot water heaters-2 stoves & fridges. 1st flr completely redone-fresh paint-new tile, kitchen sink &counter. Some new doors, new carpet.Upstairs good for mother-in-law apt. Nice 2 car garage.WE CONSIDER ALL OFFERS!. CONSIDER ALL OFFERS.
GREAT INVESTMENT, ROI(13%), INCOME 12000/YEAR. 100% OCCUPANCY. Beautiful, charming brick home in the prime area of Eastpointe. Upstairs has sep. entrance & huge balcony. Newer roof & 2 newer furnaces & hot water heaters, 2 stoves and fridges. 1st floor completely redone. Fresh paint, new tile, kitchen sink & counter. Some new doors, new carpet. Upstairs good for mother-in-law apt. Nice 2 car garage. CITY CERT IS AVAILABLE, VALID FOR 2 YEARS. WE CONSIDER ALL OFFERS!!
Size Upon Req.$6,400,000
Terrific opportunity to acquire a Class B asset with an in-fill location that is well positioned to continue producing strong, stable performance as tenant demand continues to increase for low cost, all age manufactured home community living. Offering also includes a total of 88 inventory homes being offered in addiiton to the community at an NADA value of $1,296,819. Public water and sewer provided to the community with all utility lines underground. Property should qualify for attractive, non-recourse property loan at historically low interest rates. Upside potential for buyer to fill vacant sites, increase rents over time and implement a home financing program.
The property consists of a single two story brick building that sits at the edge of a mature community in St. Clair Shores. The lot is desirable and well-kept and there' s ample parking for tenants lining the side and the back of the building. Tenants have a carport and additional parking spaces are available for their guests or second car. The seller has taken great pride in the property from day one, placing a tremendous amount of time and money into making the property attractive to the tenants who make their home here. The complex features all one bedroom units with each tenant having an estimated 600 square feet. At this time, the 8 one bedroom units are renting for $580. As for the utilities, the building is outfitted with hot water/baseboard heat that is landlord paid. The water is landlord-paid, but the electricity is individually metered and tenant paid. As of May 1st the building is sitting near 90% occupancy.
Buy one for $59,900 or all for $287,000. Immediate occupancy, month to month leases on all. Seller will look at all offers. Land contracts available.
Income Property Organization (IPO) is pleased to announce the exclusive listing of Harper Square Apartments. The property consists of 72 units, 36 of those being large one-bedroom units and the other 36 are spacious two-bedroom units. This complex is located in the community of Clinton Township, Michigan; right off Metro Parkway and just east of Gratiot. The subject property was built in 1978 and is currently 80% occupied. This asset utilizes gas-forced air heat that is tenant paid, which is very appealing to multifamily owners. Amenities for this property include, cable, central air, carports, dishwasher, laundry facilities and an on-site office. Harper Square also has newer windows and over one third of the units have new furnaces. The rental rates for this property are below market, which gives an investor the opportunity for an incremental increase. Harper Square Apartments was part of a low income housing tax credit syndication and rehab in 1997. Although the initial 15 year compliance period has expired, some restrictions regarding rental rates and income restrictions are still attached to the property.
> Fully Occupied 2-Story Brick Apartment Building> 8 Units, All 1 Bedroom / 1 Bath> 8 Surface Parking Spaces> Located on Corner Lot in Mature Neighborhood> On-Site Laundry Facility and Storage> Within Minutes of Freeways / Local Business Community 8 Unit apartment complex for sale in Eastpointe - 100% occupied. All units are ONE BDRM, ONE BATH units. Complex features on site laundry facility, on site storage. 10+ parking spaces. Great history of occupancy. Financial pro-forma available. Landlord pays gas, water, heat. Tenant pays electric, air conditioning. Newer windows, newer roof, newer furnace.
PROFITABLE MULTI-FAMILY INVESTMENT IN GREAT LOCATION!! 3 DUPLEXES & 1 STAND ALONE. EACH PROPERTY HAS BEEN SPLIT & HAS ITS OWN TAX ID# (TOTAL 7 SEPERATE UNITS). POSSIBLE TO SPLIT AND SELL OFF INDIVIDUAL UNITS IF DESIRED! 100% LEASED! ALSO INCLUDED IN SALE IS ADJOINING B-3 (GENERAL BUSINESS) 0.56 ACRE LOT W/PLANS TO BUILD 12 UNIT 3 STORY CONDO BUILDING. ALL PROPERTIES COME W/DOCUMENTATION EXCLUDING THEM FROM BEING LOCATED IN A FLOOD ZONE. NO FLOOD INSURANCE REQUIRED! PRICED AS A BULK SALE! B/BA TO VERIFY ALL INFORMATION.