16555 Schaefer Hwy
Detroit, MI 48235
- – beds
- 22.2 baths
- 46,940 sqft
- ~1/2 acre lot
- $25 per sqft
- 1962 build
- – on site
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**Great Investment Opportunity ** Here is your chance to break into the Multi-family investment market. This 22 unit apartment building is 95% occupied with tons of long term tenants. Each tenant pays for all of their own utilities except for water, and has an a/c unit in their apartment. Rent Rolls, and leases provided upon an accepted offer. Rooms/room sizes are estimated and should be verified by the buyer/buyer's agent. Purchaser to pay $495 processing fee to the listing broker at closing. Buyer will receive a clean title, warranty deed, and title insurance! Don't miss the chance to add this great property to your portfolio. **EMD to be held by Downtown Realty, No Exceptions **Please allow 24hrs to show!**
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Last updated Apr 17, 2024
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MLS# 2210005161 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
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View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/29/21
Jul 29, 2021
|
Sold | REALCOMP | $1,200,000 | -10.8% |
|
4/21/21
Apr 21, 2021
|
Pending | REALCOMP | $1,345,000 | |
|
4/12/21
Apr 12, 2021
|
Price Changed | REALCOMP | $1,345,000 | -0.4% |