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16222 SCHAEFER Highway Detroit, MI 48235
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Key Details
Sold Price $275,000
Property Type Multi-Family
Sub Type Upper/Lower Apartment
Listing Status Sold
Purchase Type For Sale
Square Footage 7,911 sqft
Price per Sqft $34
Subdivision Monnier-Puritan (Plats)
MLS Listing ID 20250005861
Sold Date 04/15/25
Style Upper/Lower Apartment
Bedrooms 10
Full Baths 10
Originating Board Realcomp II Ltd
Year Built 1962
Annual Tax Amount $11,797
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 74.00 x 110.00
Property Sub-Type Upper/Lower Apartment
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.
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Zoning Multi-Family
Direction Take Schaefer north or south until arrival
Rooms
Basement Partially Finished
Interior
Interior Features Laundry Facility
Heating Baseboard
Cooling Ceiling Fan(s), Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Road Frontage Paved
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Upper/Lower Apartment
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W22I030037C8
Ownership Short Sale - No,Private Owned
Assessment Amount $100
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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