35732 Michigan Avenue, Wayne, Michigan 48184
$199,000
Property Details
- MLS#: 20261009812
- Bedrooms: N/A
- Bathrooms: 8
- Square Feet: 9,000
- Price per Sqft: $22
- Lot Size: 0.11 acres
- Year Built: 1924
- Property Type: ResidentialIncome
- Status: Active
- Days on Market: 22
Description
Excellent value-add apartment opportunity located in the heart of downtown Wayne. Property is in need of full renovation. This approximately 9,000 square foot building is approved for a total of eight residential units, with four units on the upper level and four units on the lower level, offering strong potential for investors looking to renovate and maximize returns. The adjacent vacant land may be available for purchase from the city, presenting a unique opportunity to create additional parking and further enhance the property’s long-term value and functionality. Recent capital improvements include all new windows throughout the building, representing an investment of approximately $50,000, providing a solid foundation for future redevelopment and income growth. All measurements are approximate agent to verify.
Location
This property is located in Wayne, Michigan. Wayne is part of the Metro Detroit area, offering convenient access to employment, schools, shopping, and recreation.
Frequently Asked Questions
What is the price of 35732 Michigan Avenue?
35732 Michigan Avenue is listed at $199,000, or $22 per square foot.
How many bedrooms does 35732 Michigan Avenue have?
This property has N/A bedrooms and 8 bathrooms, with 9,000 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
Similar Homes for Sale in Wayne
- 35373 FOREST Street, Wayne — $199,900 · 2bd · 2ba · 1,640sqft
- 3450 Pershing Street, Wayne — $200,000 · 3bd · 2ba · 1,206sqft
- 4334 2nd Street, Wayne — $180,000 · 3bd · 1ba · 2,120sqft
- 3963 Hubbard Street, Wayne — $170,000 · 3bd · 1ba · 1,088sqft
- 34321 John Street, Wayne — $169,900 · 3bd · 1ba · 1,222sqft
- 5004 Hayes Street, Wayne — $165,000 · 3bd · 1ba · 1,088sqft
- 34321 John Street, Wayne — $164,900 · 3bd · 1ba · 1,222sqft
- 34321 John Street, Wayne — $159,900 · 3bd · 1ba · 1,222sqft