16165 SCHAEFER Highway
Detroit, MI 48235

$350,000
Est. Mortgage: $1,699/mo
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Pending
  • 7,682
    sq.ft.
Commercial

GREAT INVESTMENT...100% OCCUPIED... SECTION 8 PROPERTY...NEAR MARYGROVE COLLEGE... SINAI GRACE HOSPITAL... UofD MERCY... 8 - 2BEDROOM UNITS.. 50 BRAND NEW WINDOWS... UPDATED BOILER...WATER HEATER...PAINT AND CARPET THROUGHOUT...COVERED CARPORT PARKING...COIN LAUNDRY ON SITE... GREAT MONEY MAKER... CASH FLOW FROM DAY ONE...GET IN ON THE ACTION WHILE CLEAN OPPORTUNITIES LIKE THIS STILL EXIST... ALL DATA APPROXIMATE...BATVAI...THIS WILL NOT LAST LONG...SCHEDULE YOUR SHOWING TODAY!

Property Details
  • Detroit
    school district
  • $29,015.00
    taxes
  • 1961
    built
  • 218015711
    MLS#
Basement
School district: Detroit
Brick exterior
Lot size: 106.70X100.00
Subdivision: MONNIER-COLLEGE PARK (PLATS)
Lot zoned: Multi-Family
Present use: APPARTMENT BUILDING
Frontage: 106
Sewer
City water
Units in building(s): 8
2 Bedroom units: 8
Total square feet: 7682
For sale
Summer tax: 4495.0000
Winter tax: 24520.0000
Business type: Residential
Courtesy of:
Own It Realty

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Get more info or schedule a showing:
Address Distance Sale date Sale price
15798 Livernois 2.04 mi. 3/29/2018 $180,000
15031 Dexter Ave. 2.32 mi. 5/3/2018 $180,000
13725 DEXTER Avenue 2.74 mi. 4/11/2018 $325,000
9730 WYOMING Street 3.12 mi. 4/3/2018 $265,000
18250 PLYMOUTH Road 3.29 mi. 7/24/2017 $325,000
15300 W NINE MILE Road 3.54 mi. 11/1/2017 $350,000
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{"markerType": "Sold", "lat": "42.36819", "lng": "-83.15799", "Address": "9730 WYOMING Street", "City": "Detroit", "StateProv": "MI", "ZipCode": "48204"}
{"markerType": "Sold", "lat": "42.37254", "lng": "-83.21898", "Address": "18250 PLYMOUTH Road", "City": "Detroit", "StateProv": "MI", "ZipCode": "48228"}
{"markerType": "Sold", "lat": "42.45964", "lng": "-83.19919", "Address": "15300 W NINE MILE Road", "City": "Oak Park", "StateProv": "MI", "ZipCode": "48237"}
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The approximate monthly principal & interest payment for this property would be $1,699.18.

This payment is based on a 30-year loan at a fixed rate of 4.500 % - APR 4.573 % with a down payment of $17,500. Actual lender interest rates and loan programs may vary. Loans with lower down payments are available.

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16165 SCHAEFER Highway, Detroit, MI 48235 commercial offered for sale at $350,000.
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