19
See all 19 photos
$1,200,000
Est. payment /mo
22 Baths
12,364 SqFt
New
11811 Morang Drive Detroit, MI 48224
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,364 sqft
Price per Sqft $97
Subdivision Lincoln Gardens
MLS Listing ID 58050192149
Full Baths 22
Year Built 1958
Annual Tax Amount $34,813
Lot Size 0.330 Acres
Acres 0.33
Lot Dimensions 14375
Source MiRealSource
Property Description
Calling all investors! 22 unit complex with 11 one bed one bath units and 11 two beds one bath units. Updated windows. Updated plumbing. Updated electrical! All new electic baseboard heaters. All new doors. Units have been remodeled. 18 units are occupied out of the 22 units. This complex is at a 12% cap at listing price. Once the 4 vacants are occupied this will be a 15% cap building. Cash cow ! The 4 vacants will be rented ready at closing. Serious buyers only.
Location
State MI
County Wayne
Area Det Con-Mors/Grat. Hstn/7 Mack
Interior
Heating Forced Air, Separate Meters
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 21076866001
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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Listed by Justin Zehel of Keller Williams Paint Creek
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