$715,000
$780,000
8.3%For more information regarding the value of a property, please contact us for a free consultation.
18225 Racho Road Brownstown, MI 48192
0.74 Acres Lot
Key Details
Sold Price $715,000
Property Type Multi-Family
Sub Type 5+ Units
Listing Status Sold
Purchase Type For Sale
Municipality Brownstown Twp
MLS Listing ID 24024428
Sold Date 02/03/25
Year Built 1976
Annual Tax Amount $18,184
Tax Year 2023
Lot Size 0.740 Acres
Acres 0.74
Lot Dimensions 117x270
Property Sub-Type 5+ Units
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 Wayne County - 100
Direction North of Sibley, On Racho Rd, South of Pennsylvania Rd
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Central Air
Fireplaces Number 1
Laundry Common Area
Exterior
Parking Features Paved
Utilities Available Cable Available, Natural Gas Connected, Electricity Connected, Broadband
View Y/N No
Roof Type Composition
Total Parking Spaces 15
Building
Lot Description Wooded
Sewer Public Sewer
Structure Type Brick
New Construction No
Schools
School District Woodhaven-Brownstown
Others
Tax ID 70005010015001
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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