11
See all 11 photos
$2,800,000
Est. payment /mo
40 Baths
28,406 SqFt
New
8207 Schaefer Highway Detroit, MI 48228
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 28,406 sqft
Price per Sqft $98
Subdivision Esper Gardens
MLS Listing ID 58050188314
Full Baths 36
Half Baths 8
Year Built 1957
Annual Tax Amount $64,580
Lot Size 0.620 Acres
Acres 0.62
Lot Dimensions 27007
Source MiRealSource
Property Description
Renovated 40-unit brick apartment complex (four 2-story connected buildings with 10 units in each building). There are 36 1-bed 1-bath and 4 2-bed 1-bath situated on a 27,007 sf site. Current occupancy 80%. Nice curb appeal high demand building near Dearborn. Two Boilers and roof updated, environmental clear, rear parking lot for tenants, security system. Property manager in place keep or self-manage. Ideal opportunity for cash buyer or bank financing. Can be sold as a package with 3 other apartment complexes!
Location
State MI
County Wayne
Area Det 6-Tire - Grnfld - Livernois
Interior
Heating Separate Meters, Steam
Fireplace no
Heat Source Natural Gas
Exterior
Garage no
Private Pool No
Building
Foundation Basement
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID 2203120719
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Listed by Justin Zehel of Keller Williams Paint Creek
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