1771 Woodward Heights
Hazel Park, MI 48070

Description

CASH FLOWING REMODELED 8 UNIT APARTMENT COMPLEX! Located in a prime rental neighborhood in Hazel Park close to I-75, I-696, Woodward and Downtown Detroit/Ferndale/Hazel Park/Royal Oak. This complex features a NEW ROOF, 7 NEW FURNACES, ALL NEW FLOORING, GRANITE in kitchens and baths, updating plumbing/electrical, fresh paint, and separate meters. ALL 8 units are occupied. 7 units (4 - 2 bed/ 3 - 1 bed) have 1 year leases (signed in Jan.) and 1 (1 bed) unit is a furnished Airbnb. The exterior features motion lighting and 10 parking spots in the rear of the building. The basement is built out for additional income producing self storage lease units. Opportunity for rentals to be increased to full market value. BATVIA

Details

MLS#219030919
Sub-TypeResale
StatusActive
Year1970
Days On Site12

Features

SQ Feet7,578
Units8
Building(s)1

Market Activity 48070

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Area Information

StateMI
CountyOakland
CityHazel Park
Zip Code48070
AreaHazel Park
Listing VS Median (in 48070)
Price:
$685,900
low | high
Med:
$374,900
95.341886572387% of Average
SqFt:
7,578
low | high
Med:
2,123
100% of Average
$ / SqFt:
$91
low | high
Med:
$177
45.502531025265% of Average
On Site:
12
low | high
Med:
118
10.169491525424% of Average
Listing Updated: 04/21/2019
MLS Number: 219030919
Listing Provided By:
Shelby Drabek  of  Red Carpet Premier LLC
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