11
See all 11 photos
$2,800,000
Est. payment /mo
44 Beds
44 Baths
28,406 SqFt
Active
8207 Schaefer HWY Detroit, MI 48228
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Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 28,406 sqft
Price per Sqft $98
Subdivision Esper Gardens
MLS Listing ID 58050188314
Bedrooms 44
Full Baths 36
Half Baths 8
Year Built 1957
Lot Size 0.620 Acres
Acres 0.62
Property Sub-Type MultiFamily
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 Area05042Det6Tiregrnfldlivernois
Interior
Heating NaturalGas, SeparateMeters, Steam
Fireplace No
Exterior
View Y/N No
Building
Foundation Basement
Sewer PublicSewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition ShortSaleNo, Standard
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Listed by Justin Zehel of Keller Williams Paint Creek
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