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Jim Blehm

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

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18541 Plymouth Rd , Detroit, MI 48228
$389,900
Est. Payment: $866.44/mo
0 Bed
0 Bath
4004 Sqft
Status: Pending | Days on site: 239
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432960 - 319223
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

Great investment opportunity! 8-unit apartment on main road on west side of Detroit. Great location near freeway, food and police department. Montessori school/Day-care being built next door, car shop across the street, just a great location. I little further down the road they are building a grocery store. SAFE and a clean building. A couple units need a little TLC. It has 2 vacant units but also has a full basement, with the furnaces and hotwater tanks and enough space for a mini-laundry area for several machines. 6 units occupied at approximately Z700 a month. Seller has contracts for all tenants and all contracts are month to month. A creative buyer may want to AirBNB the 2 additional units and can potentially make Z2,000 to Z4000 monthly per unit!! Seller willing to give concessions for full price offers but bring your best offers!!!!!!!!!
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Highlights

Listed by Rebekah Radford-Kashat , 248-820-0384 Prime + Property , 734-548-9418.

Property Type

Commercial Sale
Lot/Acreage
0.25

Year Built

1955

County

Wayne

 School District

Detroit

Listing ID

20261001016

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Interior Features

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

Exterior Features
Principal Interest
$866
Taxes
$604

Home Price

$389,900

Loan Details

30 yrs
%

Down Payment

20%
$77,980
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:
$866.44

Principal

Taxes

Principal Taxes HOA Total
Monthly $866.44 $604.08 $0.00 $1,470.53
Yearly $10,397.33 $7,249.00 $0.00 $17,646.33
Total $311,920.00 $217,470.00 $0.00 $529,390.00

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.