31
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$899,900
Est. payment /mo
8 Baths
7,438 SqFt
Pending
17415 Hamilton Avenue Allen Park, MI 48101 3138
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Square Footage 7,438 sqft
Price per Sqft $120
Subdivision Mi
MLS Listing ID 60960428
Style 2 Story
Full Baths 8
Year Built 1973
Annual Tax Amount $9,074
Lot Size 0.400 Acres
Acres 0.4
Lot Dimensions 160X110
Property Sub-Type Multi-Family
Property Description
ONCE IN A BLUE MOON THESE COME AVAILABLE - HIGHLY SOUGHT AFTER 8 UNIT APARTMENT BUILDING IN DESIRABLE ALLEN PARK - ACROSS FROM THE "HILL" AND STONES THROW FROM GUS AND US- WHICH HAS LONG BEEN A SOURCE OF GREAT TENANTS - LONG TERM TENANTS HAVE STAYED - OWNER HAS HAD FRIENDS AND FAMILY OFTEN AS TENANTS AND RENTS HAVE BEEN BELOW MKT VALUE- 6 UNITS CURRENTLY RENTED - TWO AT MKT VALUE - 4 BELOW ON MONTH TO MONTH LEASES - - THIS PROPERTY HAS BEEN IMPECCABLY MAINTAINED FOR OVER 30 YEARS BY SAME OWNER - AND HE IS PASSING THE TORCH - IT IS A GEM! EACH UNIT IS ONE BEDROOM - ONE BATH - KITCHENS AND BATHS IN VARIOUS FORMS OF UPDATEDNESS -AND A LARGE WALK IN CLOSET IN UNIT FOR STORAGE - COMMON COIN OPERATED LAUNDRY ON SECOND FLOOR - ALL UNITS HAVE STOVE - REFRIGERATOR AND DISHWASHER - ALL UNITS HAVE CENTRAL AIR - FULL PARKING LOT MAINTAINED BY OWNER - OWNER PAYS GAS, WATER AND COMMON AREA ELECTRICITY - TENANT PAYS ELECTRICITY FOR UNIT - HOT WATER HEATER FOR ALL UNITS NEW IN 2019 -PARKING LOT W/ 16 SPACES(2 ARE OBSTRUCTED W/ DUMPSTERS) AND ONE HANDICAP SPOT -NET INCOME IS BASED ON 100% OCCUPANCY AND IT IS NOT AT THIS TIME - NOR IS 4 OF UNITS AT MKT VALUE. THIS IS A COVETED FIND AND HOPES ARE SOMEONE VALUES IT FOR 30+ YEARS AS THIS OWNER - BUT BRING IT ALL ON FOR THE NEW YEAR ! DONOT DISTURB TEANANTS OR KNOCK ON DOORS - ONE UNIT IS AVAIL TO VIEW W/ AGENT ONLY
Location
State MI
County Wayne
Area Allen Park (82141)
Zoning Multi-Family
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Brick
Amenities Available Laundry Facility
Building
Story 2 Story
Foundation Slab
Water Public Water
Structure Type Brick
Schools
School District Melvindale Northern Allen Park
Others
Ownership Private
Assessment Amount $31
Energy Description Natural Gas
Financing Cash,Conventional
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Listed by Prime + Property
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