Just Listed
Address
3675 Oakman Boulevard Detroit, MI
Price
$ 650,000
Property Attributes
  • ID#2210042553
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet 6-Tire - Grnfld - Livernois
  • NeighborhoodROBERT OAKMANS CORTLAND & FORD HIGHWAY
  • Zip48204
  • StyleCommon Entry Building
  • Year Built1929
  • Taxes$ 1994
  • Price$ 650,000
  • Bedrooms9
  • Full Bathrooms16
  • Half Bathrooms0
  • Sqr Footage7647
  • Lot Size5,227 SqFt
Listing Provided Courtesy Of:
KW Metro
Data Source:
REALCOMP II LTD.
Property Description

INVESTMENT OPPORTUNITY!!! RENTAL INCOME!!! Don’t miss this great opportunity to purchase this 16 unit rental property less remodeled in 2015! Newer electrical, plumbing, windows, and roof. Apartment building consists of 16 total units, 9 one bedrooms and 7 studios. Each unit features 1 full bath, hot water tank, and furnace. Majority of tenants are long term and would like to renew annual lease agreements. Studios rent between $450 - $550, One bedrooms rent between $550 - $650. You will never have a problem finding tenants with this location. **24 hour notice required for all showings**Pre-qualified buyers only**

Price History
6/9/2021 Listed $650,000

General Features

Basement Type Common
Construction Materials Block/Concrete/Masonry
Cooling Ceiling Fan(s)
Cumulative Days on Market 2
Gross Scheduled Income 90600.00
Heating Forced Air
Listing Agent Public Id 399249
Net Operating Income 18160.00
Ownership Status Private Owned, Short Sale - No
Parcel Number W16I025186S
Property Type Multifamily
School District Detroit
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name ROBERT OAKMANS CORTLAND & FORD HIGHWAY (PLATS)
Terms Offered Cash, Conventional
Total Sq Ft 7647
Transaction Type Sale
Year Built 1929
Year Remodeled 2015
Zoning Multi-Family

Interior Features

Basement Y/N Yes
Full Baths 16
Heating Fuel Natural Gas
Interior Features Cable Available, High Spd Internet Avail
Total Baths 16.00
Total Units 16
Unit Count 2

Exterior Features

Architecture Level 4-10 Story
Architecture Style Common Entry Building
Foundation Basement
Foundation Materials Block
Frontage Feet 25
Lot Size Area 0.12
Lot Size Dimensions 45.00X120.00
Roof Material Asphalt
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of June 12, 2021 4:41 PM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48204

Price
AVG $180K
$650K
Taxes
AVG $1,782
$1,994
Visits
AVG 74
3
Year Built
AVG 1925
1929
Walkscore
AVG 42
31
Data Provided by Walkscore ® not using MLS data