Detroit, MI 48228,8207 Schaefer Highway
Detroit, MI 48228,8207 Schaefer Highway
Detroit, MI 48228,8207 Schaefer Highway
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$2,800,000
Est. payment /mo
40 Baths
28,406 SqFt
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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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Realcomp MLS
Listed by Justin Zehel of Keller Williams Paint Creek

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Matthew Stransky

Matthew Stransky

Team Owner | License ID: 327649

+1(248) 765-8788

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8207 Schaefer Highway