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Buy a multi-family propertyat 24651 W McNichols Rd, Detroit, MI 48219

$1,225,000

$0/mo

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Multifamily

0.62 Acres

0.63 Acres lot

289 Days on market

50116951 MLS ID

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About 24651 W McNichols Rd multi-family property

35-unit brick apartment complex constructed in 1971 with nice curb appeal is 75% occupied. All one bedroom units. Leases under market rent with ability to sign new leases at higher amount. Most units updated and all units have individual furnace units which is paid for by tenants. Large parking lot for tenants and property manager in place. Cash buyers only
35-unit brick apartment complex constructed in 1971 with nice curb appeal is 75% occupied. All one bedroom units. Leases under market rent with ability to sign new leases at higher amount. Most units updated and all units have individual furnace units which is paid for by tenants. Large parking lot for tenants and property manager in place. Cash buyers only

Property details

Bathrooms

35 full bathrooms

Bedrooms

35 bedrooms

Building

27,216 square feet

35 total units

Built in 1971

Separate heat?: Yes

Style: 2 Story

Foundation

Basement

Water Features

Public Water

Heating

Natural Gas

Forced Air

Listing

Originating MLS: MiRealSource

Sale/rent: For Sale

Location

Area: Detroit (82001)

County: Wayne

Subdivision: Deconicks Redford Hills

Lot

Lot size: 27443

0.63 acres

Schools

School district: Detroit City School District

Sewer

Public Sanitary

Taxes

Total amount: $16,468

Monthly cost

Estimated monthly cost

$8,602/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Dec 7, 2023

Price

$1,100,000

Date

Jun 7, 2022

Price

$1,450,000

Date

Feb 28, 2011

Price

$350,000

DatePrice
Dec 7, 2023$1,100,000
Jun 7, 2022$1,450,000
Feb 28, 2011$350,000

Schools

This home is within the Detroit Public Schools Community District.

Detroit enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,151,500

+$36,750

$1,188,250

Seller agent commission$36,750 (3%)*

$0 (0%)

Buyer agent commission$36,750 (3%)*

$36,750 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $36,750 more selling your home
with an Unreal Estate agent

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State

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Unreal Estate checked: May 13, 2024 at 9:08 p.m.

Data updated: Aug 3, 2023 at 8:57 p.m.

Courtesy of Keller Williams Paint Creek.
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.

The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.

Copyright 2014 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
Listing Information © 2024 MiRealSource Inc. All Rights Reserved.

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