18250 Weaver Street
Detroit, MI 48228

Description

MAJOR PRICE REDUCTION! SELLER IS MOTIVATED. Wonderful 40-unit multi-family! 8 Studios, 29 1BR's, 3 2BR's. Units have good layouts. 2BR's have a living room, dining area, kitchen, 2br's & bath. Studios have a large studio area and open kitchen. 1br's have a large living room, large bedroom open kitchen and bath. Building currently has 15 vacant units but there is lots of upside potential, including potential to raise rents. Several long-term tenants remain. Building has some deferred maintenance, but is in fairly good condition. On-site laundry. Off street tenant parking. On-site building superintendent. Proven money maker!

Details

MLS#218041204
StyleIndustrial
Sub-TypeResale
StatusActive
Year1969
Days On Site257

Features

SQ Feet29,700
Story(s)1
Units3
ZoningMulti-Family,Residential

Market Activity 48228

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Area Information

StateMI
CountyWayne
CityDetroit
Zip Code48228
AreaDet: Joy-Schoolcraft Grnfld-Limi
Listing VS Median (in 48228)
Price:
$999,900
low | high
Med:
$40,000
100% of Average
SqFt:
29,700
low | high
Med:
729
100% of Average
$ / SqFt:
$34
low | high
Med:
$55
12.979260889052% of Average
On Site:
257
low | high
Med:
23
100% of Average
Listing Updated: 03/25/2019
MLS Number: 218041204
Listing Provided By:
Deborah R Smith  of  Keller Williams Home
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