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18225 Racho Road Brownstown Twp, MI 48192
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Key Details
Sold Price $715,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 81024024428
Sold Date 02/03/25
Bedrooms 2
Originating Board Greater Metropolitan Association of REALTORS®
Year Built 1976
Annual Tax Amount $18,184
Lot Size 0.740 Acres
Acres 0.74
Lot Dimensions 117x270
Property Description
Great investment opportunity to buy a FULLY OCCUPIED 8 unit apartment building! 6 two bedroom, 2 one bedroom units. Total rents currently $7272.00 monthly with plenty of room for increase. New roof in 2017, Furnace and AC in 2016, Vinyl windows, Coin operated washer and dryer included for extra added income. Great management company already in place. Must provide proof of funds to kirsten@reservemgmtco.com to request a showing with listing agent. Showing OF 1 OCCUPIED unit scheduled for SATURDAY MAY 18th 2-3 pm BY APPOINTMENT ONLY, WITH LISTING AGENT BATVAI
Location
State MI
County Wayne
Area Brownstown (Nw)
Direction North of Sibley, On Racho Rd, South of Pennsylvania Rd
Interior
Interior Features Laundry Facility
Heating Forced Air
Cooling Central Air
Fireplace no
Heat Source Electric, Natural Gas
Laundry 1
Exterior
Garage Spaces 15.0
Roof Type Composition
Garage no
Building
Foundation Slab
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Structure Type Brick
Schools
School District Woodhaven
Others
Pets Allowed Yes
Tax ID 70005010015001
Ownership Private Owned
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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Bought with Reserve Management Company