16222 Schaefer Hwy, Detroit, MI 48235

$275,000
10
BA
7,911
SqFt
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Sold Price
$275,000
List Price
$275,000
Closing Date
Apr 15, 2025
MLS#
20250005861
Status
CLOSED
Bathrooms
10
Subdivision
MONNIER-PURITAN (PLATS)
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(248) 345-5109

Property Description

BACK ON MARKET, UPDATED PRICE, !!!CASH ONLY!!! 10 unit apartment building on high traffic road in Detroit. Ready for investment income today. 4 upper units, 4 lower units and 2 two story units. 1 Gas Meter, 1 Water Meter, tenants pay electric bill for units. Price reflects repairs needed, nothing a small crew couldn't handle. 900-1050 previous section 8 rents. Do not disturb current tenants.

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Additional Information

Year Built
1962
Basement Type
Full, Partial
Acres
0.19
Acres
0.19
School District
Detroit
Cooling
Ceiling Fan(s), Wall Units
Heating
Baseboard, Natural Gas
Garage Description
Parking Lot, Unassigned
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Courtesy of Tyson Reeves & Associates Realty 2482123312

Selling Office: Front Page Properties.

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