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12769-12771 Meyers Road Detroit, MI 48227 3988
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Key Details
Sold Price $203,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,658 sqft
Price per Sqft $55
MLS Listing ID 60198904
Sold Date 06/23/23
Style 2 Story
Full Baths 4
Half Baths 4
Year Built 1925
Annual Tax Amount $633
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 70.00 x 115.00
Property Description
Beautiful, well maintained, cash flowing BRICK quadruplex! Nice units with hardwood flooring. All four units in this property have 2 beds and 1 bath each. All currently occupied. Rents are $782 (ends 3/25/23), $745 (month to month), $695 (ends 9/25/23) and $695 (MTM - tenant being evicted for non-payment). Room to increase these more. Previous buyer purchased, replaced all old windows throughout, fixed sewer stack, made minor rent increases. Tenants pay gas/electric. Owner pays for water. Out of respect for tenants, no showings without an accepted offer.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Rooms
Basement Block
Interior
Interior Features Cable/Internet Avail.
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 2 Story
Foundation Basement
Water Public Water
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Assessment Amount $240
Energy Description Natural Gas
Acceptable Financing Other
Listing Terms Other
Financing Cash,Conventional,FHA,VA
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Bought with LPS
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