$1,525,000
$1,795,000
15.0%For more information regarding the value of a property, please contact us for a free consultation.
18 Beds
18 Baths
15,120 SqFt
SOLD DATE : 12/14/2021
Key Details
Sold Price $1,525,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 15,120 sqft
Price per Sqft $100
Subdivision A/P # 08 Fraser
MLS Listing ID 2210077802
Sold Date 12/14/21
Style Upper/Lower Apartment
Bedrooms 18
Full Baths 18
Originating Board Realcomp II Ltd
Year Built 1969
Annual Tax Amount $21,986
Lot Size 0.890 Acres
Acres 0.89
Lot Dimensions 291.00X248.00
Property Description
NO SHOWINGS UNTIL AN ACCEPTABLE OFFER HAS BEEN PRESENTED AND ACCEPTED! NO EXCEPTIONS PLEASE! A Rare Find! 18 units /2 brick apartment buildings w/ 12 units @ 31740 Fraser Dr. & 6 units @ 31735 Linden Ave. All 18 apartments are one-bedroom units. Great location & 100%occupancy! 15,120 square foot brick buildings. Building is consistently 100% occupancy. Almost $450K in improvements include: brand new decking/walkways on both buildings, many new windows, some new furnace/ac units, most, if not all of the units have been upgraded & improved, etc. All apartments have central air, stove, refrigerator, disposals & separate thermostats. Building is all electric & tenants pay for individual electric to their units & owner pays for entry ways & outdoor lighting. All tenants are either on a one-year lease or month to month. New rental rates for 2022 will be $800 per month. Registered, Inspected & Certified as a rental property w/City of Fraser Building Dept. HURRY, HURRY, HURRY!
Location
State MI
County Macomb
Area Fraser
Zoning Multi-Family
Direction OFF UTICA TO FRASER DRIVE TO FRASER MANOR APTS ON LEFT
Interior
Interior Features Cable Available
Hot Water Electric
Heating Forced Air
Cooling Ceiling Fan(s), Central Air
Heat Source Electric
Exterior
Garage Spaces 30.0
Pool No
Roof Type Rubber
Porch Balcony
Road Frontage Paved
Building
Foundation Crawl
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Upper/Lower Apartment
Level or Stories 2 Story
Structure Type Brick
Schools
School District Fraser
Others
Pets Allowed No
Tax ID 1405302007
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional
Rebuilt Year 2019
Listing Terms Cash, Conventional
Financing Cash,Conventional
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