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13535 E Mcnichols Road Detroit, MI $ 1,050,000
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$ 1,050,000 Get more info
13535 E Mcnichols Road
$ 1,050,000
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13535 E Mcnichols Road

Detroit, MI, 48205
$ 1,050,000
Bedrooms23 Baths23.0 Sq 19,000

Monthly Estimate*

$ 6,979

13535 E Mcnichols Road, Detroit, MI 48205 - Image 1
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13535 E Mcnichols Road, Detroit, MI 48205 - Image 4
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13535 E Mcnichols Road, Detroit, MI 48205 - Image 7
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13535 E Mcnichols Road, Detroit, MI 48205 - Image 9
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13535 E Mcnichols Road, Detroit, MI 48205 - Image 11
13535 E Mcnichols Road, Detroit, MI 48205 - Image 12

Multi-Family Home for sale in Detroit, MI

for $1,050,000 with 23 bedrooms and 23 full baths. This 19,000 square foot home was built in 1958 on a lot size of 0.41.

Great Investment Opportunity!!! Well Maintained, Stabilized and Producing 23 unit Apartment Building. Next door - 13521 (7 units) McNichols is also available for sale. Properties are next to each other and might be sold together. Currently producing at a $182000k a year Gross . Current Net income is $134,000 Projected gross income once fully leased $202,000.00 23 - one bedrooms units Landlord pays water, gas, electric. Needs advance notice to show. Do not disturb tenants.

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Multi-Family Active

Price

$ 1,050,000

Bedrooms

23

Full Bath

23

Property Type

Multi-Family

Taxes

$ 13,421

Style

High Rise

Lot Size

0.41

Year Built

1958

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

20230011476
Features
General
Interior Features Smoke Alarm Cable Available Carbon Monoxide Alarm(s)
Sewer Public Sewer (Sewer-Sanitary)
Heating Radiant
Rent Includes Electric Water/Sewer Water Yard Maintenance
Possession At Close
Pets Allowed Call
Zoning Multi-Family
Pool Y/N 0
Full Baths 23
Half Baths 0
Year Built 1958
Property Type Multifamily
Subdivision Name MICHAEL GREINER ESTATE (PLATS)
Transaction Type Sale
Basement Type Finished
Status Active
Short Sale No
Parking Total 30
Construction Materials Brick
Cumulative Days on Market 467
MLS Area Det 8 To Gratiot/Houston To 7
Directions Off McNichols
City Detroit
Terms Offered Cash Conventional
School District Detroit
Land Contract 0
Ownership Status Short Sale - No Private Owned
Street Name MCNICHOLS
Homestead 0
Assessment 100.00
Total Sq Ft 19000
DOM 467
Taxes 13421.0000
Legal Description N--E MC NICHOLS RD 244&245 AND S 132.99 FT OF S E 1/4 SEC 11 T 1 S R 12 E LYG N & ADJ EXC SCHOENHERR AVE AS OP MICHAEL GREINER ESTATE SUB L41 P67 PLATS W C R 21/611 97.74 IRREG
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Interior
Heating Fuel Electric
Basement Y/N 1
Total Units 23
Fireplace 0
Street Suffix Road
Total Baths 23.00
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Exterior
Waterfront 0
Lot Size Area 0.41
Water Source Public (Municipal)
Foundation Basement
Lot Size Dimensions 98.00 x 180.00
Roof Material Asphalt
Architecture Level 3 Story
Architecture Style High Rise
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Internal Only
Originating MLS Realcomp II Ltd
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* Excluded Features
List By
Dmitriy Selektor

Listing Agent

Exp Realty Llc

Broker

(248) 496-4080

Phone

Affordability Calculator

$8,097
Per Month
86%
14%
0%
Monthly Principal & Interest
$6,979
Monthly Property Taxes
$1,118
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
848539 Elementary School
848135 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
1/31/2024$1,050,000 -8.70% Price Down
9/18/2023$1,150,000 -9.09% Price Down
8/4/2023$1,265,000 -23.33% Price Down
7/6/2023$1,650,000 -8.33% Price Down
2/25/2023$1,800,000 Listed Price

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13535 E Mcnichols Road, Detroit, MI, 48205 is a Multi-Family Home for sale at $1,050,000 with 19,000 sqft and a lot size of 0.41. 13535 E Mcnichols Road has 23 bedrooms, 23.0 baths, and was built in 1958. The property's zip code is 48205 which is in Detroit, MI

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