5701-5707 Woodward Street, Wayne, MI 48184 - MLS#20251003673

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Fontaine Real Estate Group

clientsupport@fontainerealtyteam.com +1(248) 654-8700

$1,647,700

Est. payment - /mo

16 Beds

16 Baths

11,218 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Upper/Lower Apartment

Listing Status Active

Purchase Type For Sale

Square Footage 11,218 sqft

Price per Sqft $146

Subdivision Hoag Sub

MLS Listing ID 20251003673

Style Upper/Lower Apartment

Bedrooms 16

Full Baths 16

Year Built 1966

Annual Tax Amount $12,295

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 120x160

Property Sub-Type Upper/Lower Apartment

Source Realcomp II Ltd

Property Description

Rare opportunity to own two apartment buildings. This amazing investment consists of two separate apartment buildings. Building one is a brick two story, consisting of eight, two bedroom units, private patios with sliding doors, and with central laundry room with paid laundry that generates additional income. Building two consisting of eight one bedroom units, with central laundry room. A grand total of 16 apartment units. Private parking lot with assigned spaces. Seasoned and strong rent roll for both buildings with full occupancy. All units are rented at market value with great paying long term tenants. Most of the units have been recently updated. Large center common area for both units. Both buildings are fully city certified and ready for transfer. Full financials and rent roll available after signing the NDA. Do NOT disturb tenants. Showings will be scheduled only upon accepted offer. BATVAI

Location

State MI

County Wayne

Area Wayne

Zoning Multi-Family

Direction Take Wayne Rd to Van Born then head west.

Interior

Heating Baseboard

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Building

Foundation Slab

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Upper/Lower Apartment

Level or Stories 2 Story

Structure Type Brick,Vinyl

Schools

School District Wayne-Westland

Others

Pets Allowed Yes

Tax ID 55016060028000

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Listed by Hiba Saad of Keller Williams Legacy

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Fontaine Real Estate Group

+1(248) 654-8700

Real Estate Agent | License ID: 370315

Real Estate Agent License ID: 370315

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5701-5707 Woodward Street Wayne, MI 48184

Fontaine Real Estate Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

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