Detroit, MI 48213,5061 LAKEWOOD Street
Detroit, MI 48213,5061 LAKEWOOD Street
Detroit, MI 48213,5061 LAKEWOOD Street
Detroit, MI 48213,5061 LAKEWOOD Street
Detroit, MI 48213,5061 LAKEWOOD Street
Detroit, MI 48213,5061 LAKEWOOD Street
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$ 999,999
Est. payment | /mo

17,140 SqFt


Save
$ 999,999
Est. payment | /mo
Save

17,140 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 17,140 sqft

Price per Sqft $58

MLS Listing ID 20240036378

Originating Board Realcomp

Year Built 1955

Annual Tax Amount $19,876

Lot Size 0.420 Acres

Acres 0.42

Lot Dimensions 140.00 x 130.00

Property Description

!!!!!Projected net profit of 10-12% or $110,000-120,000 after all expenses!!! Beautifully renovated apartment complex has 20 units. Can be fully rented at closing at the discretion of the buyer. 12 very large 2 bedroom units and 8 comfortable 1 bedroom units. This complex is located in a stable and high demand rental area. Schedule an appointment today. BATVAI. Purchaser to pay a 495 transaction fee at closing.

Location

State MI

County Wayne

Area Wayne County - 100

Zoning Multi-Family,Residential

Direction West of Chalmers North of Warren

Exterior

View Y/N No

Building

Sewer Public

Water Public

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W21I054776C8

Listed by Reach Realty Group

GET MORE INFORMATION

agent
Shyanne Queen

Associate Broker/Team Lead | License ID: 6506049089

+1(616) 610-2005 | shyannesoldit@gmail.com

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