$1,190,000
$1,190,000
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785 FOREST Street Wyandotte, MI 48192
7 Beds
9,600 SqFt
Key Details
Sold Price $1,190,000
Property Type Commercial
Sub Type Apartments,Business And Real Estate
Listing Status Sold
Purchase Type For Sale
Square Footage 9,600 sqft
Price per Sqft $123
Subdivision Garfield Place Sub
MLS Listing ID 20221031793
Sold Date 02/27/23
Bedrooms 7
Originating Board Realcomp II Ltd
Year Built 1925
Annual Tax Amount $17,146
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 83.80 x 140.00
Property Description
THIS ABSOLUTELY BEAUTIFULLY REMODELED BUILDING IS READY FOR A NEW OWNER! This 7 unit apartment complex is stunning and is performing very well financially. Everything in this building was updated as part of the renovation. Your annual maintenance will be very low as everything is new! 6 of the 7 units are rented out, with 1 currently being held for a daily or weekly rental. The owner spared no expense on this project and it shows, both in person and in the annual rent roll.
Location
State MI
County Wayne
Area Wyandotte
Zoning Multi-Family
Direction Eureka Road South on 8th Street to Southeast corner of Forest and 8th St.
Interior
Hot Water Natural Gas
Heating ENERGY STAR® Qualified Furnace Equipment, Forced Air
Heat Source Natural Gas
Exterior
Exterior Feature Fenced
Utilities Available Dual-Flush Toilets, WaterSense® Labeled Showerhead(s), Smoke Alarm
Roof Type Asphalt
Accessibility Accessible Approach with Ramp, Accessible Common Area, Accessible Entrance
Road Frontage Paved
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Structure Type Brick
Schools
School District Wyandotte
Others
Tax ID 57020360026300
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash, Conventional, Warranty Deed
Rebuilt Year 2020
Listing Terms Cash, Conventional, Warranty Deed
Financing Cash,Conventional,Warranty Deed
Special Listing Condition Full Service
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Bought with Coldwell Banker Realty-Northville