21400 7 Mile Road, Detroit, Michigan 48219

$4,800,000

Property Details

MLS#: 58050188303
Bedrooms: 88
Bathrooms: 64
Square Feet: 50,478
Price per Sqft: $95
Lot Size: 2.28 acres
Year Built: 1955
Property Type: ResidentialIncome
Status: Active

Description

64-unit brick apartment complex in 8 buildings that are connected situated on 2.28 acre site with nice curb appeal and location is 75% occupied. 24 two bedroom units and 40 one bedroom units. New electrical & plumbing have been completed to buildings of the 16 vacant units that need to be rehabbed. All other units have been remodeled! All units have individual furnaces which is paid for by tenants. Large parking lot for tenants and property management office and property manager in place. Ideal opportunity for all cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!

Location

This property is located in Detroit, Michigan. Detroit is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.

Frequently Asked Questions

What is the price of 21400 7 Mile Road?

21400 7 Mile Road is listed at $4,800,000, or $95 per square foot.

How many bedrooms does 21400 7 Mile Road have?

This property has 88 bedrooms and 64 bathrooms, with 50,478 square feet of living space.

Schedule a Showing

Interested in this property? Contact Sonic Realty to schedule a private showing. Our experienced agents can help you navigate the home buying process.

Phone: (313) 466-2430

Email: info@sonicrealty.com

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