My Office Listings
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- X11918643
- Bus Major:
- Apts - 13 To 20 Units
- Photos (38)
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15 Unit Mixed Use Commercial/Residential building and vacant land. Property is Fully Tenanted! Building current use of 3 - One Bedroom Units and 6 - Bachelor Units and 6 - Studio Rooms. BONUS Vacant Lot Built-To-Suit next to Property INCLUDED. Building is Located next to A State-Of-The-Art Retirement Home. Walk to Riverside Waterfront with Amazing Detroit Skyline views! Gross Annual revenue $147,000. Annual Expenses $39k. Steps to Ceasers Palace, Detroit-Windsor Tunnel, VIA Rail Station, J.P. Wiser Factory. High-Tech Network System - Keyless Entry System throughout the Building and Units - No Keys Required! On-Site coin-operated Laundry Room. **EXTRAS** 15 Fridges, 10 Microwaves, 4 Stoves, 6 Induction Cooktops
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 6700 sq. ft. Square Feet
- Total Area:
- 6,700 sq. ft.622 m2
- Depth:
- 102'31.1 m
- Frontage:
- 80'24.4 m
- Bathrooms:
- 11.0
- Water supply:
- Municipal
- Zoning:
- CD 4.1
- Heating type:
- Gas Forced Air Closed
- Garage:
- None
- Parking Spaces:
- 15
- Possession Details:
- 30 - 60 days
- HST Applicable To Sale Price:
- Included
- Type Taxes:
- Annual
- Taxes:
- $8,410 / 2024
- Assessment:
- $- / -
- Windsor
- Essex
- 1 Hot Water Tank
- 4 Owned Electric Hot Water Tanks, Coin - Op Laundry Washer & Dryer, Camera System, Door Security System
- All Items Belonging to Tenants
- Utilities:
- Yes
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Gross income:
- $147,000
- Expenses Actual/Estimated:
- Actual
- Year Expenses:
- 39000
- Property Management Company:
- Marda Management Inc
- Major Business Type:
- Apts - 13 To 20 Units
- Category:
- Apartment
- Date Listed:
- Jan 11, 2025
- Original Price:
- $2,250,000
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Listed by RIGHT AT HOME REALTY
Data was last updated April 6, 2025 at 04:15 AM (UTC)
- MASOOD WAHAB
- HOMELIFE FRONTIER REALTY INC.
- 1 (647) 2996073
- Sold@TeamWahab.com
The enclosed information while deemed to be correct, is not guaranteed.