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Jim Blehm

Team Owner, Realtor® | The Blehm Group | Keller Williams

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16331 W W 7 Mile Rd , Detroit, MI 48235
$499,000
Est. Payment: $1,108.89/mo
0 Bed
0 Bath
3842 Sqft
Status: Active | Days on site: 22
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338645 - 394350
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

MOTIVATED SELLER**Grossing over $5,500 a month with one unit left to lease. Prime investment opportunity! This commercial plaza features 4 units, with Three already leased, providing immediate cash flow. Financials will be disclosed upon Proof of funds. Ideal for new or seasoned investors looking to expand their portfolio in commercial real estate. Plenty of potential to grow two units are also currently vacant extremely busy road with high traffic. Please do not approach the tenants. BATVAI
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Highlights

Listed by Daniel M Salmo , 586-480-5555 Community Choice Realty Inc , 248-729-0011.

Property Type

Commercial Sale
Lot/Acreage
0.31

Year Built

1954

County

Wayne

 School District

Detroit

Listing ID

20261068408

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:0
  • ▪ Bathrooms:0
  • ▪ Full Bathrooms:
Water:Public

Exterior Features
Principal Interest
$1,109
Taxes
$367

Home Price

$499,000

Loan Details

30 yrs
%

Down Payment

20%
$99,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,108.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,108.89 $366.50 $0.00 $1,475.39
Yearly $13,306.67 $4,398.00 $0.00 $17,704.67
Total $399,200.00 $131,940.00 $0.00 $531,140.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Detroit, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.