MI
Wayne
Detroit City
48228
18541 Plymouth Road
18541 Plymouth Road, Detroit City, MI 48228
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Listing Type
Commercial/Industrial
Listing Status
Active
0
$399,900

Home Details for 18541 Plymouth Road

Price
$399,900
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
4004
Year built
1955
Lot size acres
0.25
County
Wayne
Garage
Days on site
2
MLS Listing#
20261001016
Property Description

Great investment opportunity! 8-unit apartment on main road on west side of Detroit. Great location near freeway, food and police department. Montessori school/Day-care being built next door, car shop across the street, just a great location. I little further down the road they are building a grocery store. SAFE and a clean building. A couple units need a little TLC. It has 2 vacant units but also has a full basement, with the furnaces and hotwater tanks and enough space for a mini-laundry area for several machines. 6 units occupied at approximately Z700 a month. Seller has contracts for all tenants and all contracts are month to month. Building has the potential to make up to Z900 per unit monthly, which is Z7,200. Currently making approximately Z4000 monthly. A creative buyer may want to AirBNB the 2 additional units and can potentially make Z2,000 to Z4000 monthly per unit!! Seller willing to give Z20k for repairs, Z10k for each vacant unit, with full price offers. Bring all offers!!

Property Features
  • Heating Information
    • Forced Air
    • Natural Gas
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: Prime + Property - 734-548-9418
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EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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