$235,500
$295,000
20.2%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
2,500 SqFt
SOLD DATE : 11/16/2018
Key Details
Sold Price $235,500
Property Type Commercial
Sub Type Industrial,Real Estate Only
Listing Status Sold
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $94
MLS Listing ID 218094203
Sold Date 11/16/18
Bedrooms 2
Originating Board Realcomp II Ltd
Year Built 1963
Annual Tax Amount $6,808
Lot Size 1.680 Acres
Acres 1.68
Lot Dimensions 275 X 300
Property Description
Rare HEAVY INDUSTRIAL zoned property in north Oxford, just seconds off M24/Lapeer Rd. Divided yard, each section fenced, for multiple income potential. Currently has 3 tenants (2 in the duplex and one leasing yard space with a pole barn). Currently generates over $29,000 annual rents. Additional income potential from a fenced storage yard that could easily accommodate several vehicles, RVs, boats, etc. Tenants are mo-to-mo, awaiting sale of the property. Negotiate longer, fixed term leases if desired.
NO SHOWINGS of interiors prior to accepted offer. We do not want to disturb tenants until a buyer has been identified.
Location
State MI
County Oakland
Area Oxford Twp
Zoning Heavy Industrial
Direction METAMORA RD WEST OFF M24 TO ADDRESS
Interior
Hot Water Natural Gas
Heating Forced Air
Heat Source Natural Gas
Exterior
Pool No
Utilities Available Cable TV
Road Frontage Gravel
Building
Foundation Slab
Sewer Septic-Existing
Water Well-Existing
Level or Stories 1 1/2 Story
Structure Type Asphalt,Brick Siding,Steel/Metal,Wood
Schools
School District Oxford
Others
Tax ID 0409300004
Ownership Private Owned,Short Sale - No
SqFt Source Owner
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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