Fraser, MI 48026,31740 FRASER Drive

$1,525,000

Est. payment /mo

$1,795,000

15.0%
Est.Price: ?

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31740 FRASER Drive Fraser, MI 48026

18 Beds

15,120 SqFt

SOLD DATE : 12/14/2021

Key Details

Sold Price $1,525,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 15,120 sqft

Price per Sqft $100

Subdivision A/P # 08 Fraser

MLS Listing ID 2210076347

Sold Date 12/14/21

Bedrooms 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 Commercial,Multi-Family,Residential

Direction UTICA TO FRASER DRIVE TO FRASER MANOR APARTMENTS

Interior

Hot Water Electric

Heating Forced Air

Heat Source Electric

Exterior

Roof Type Rubber

Road Frontage Paved

Building

Foundation Crawl

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Brick

Schools

School District Fraser

Others

Tax ID 1405302007

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2019

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service

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Realcomp MLS
Listed by Thomas M Kuchulan of RE/MAX First
Bought with Unidentified Office

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