5701-5707 Woodward Street
Dearborn, MI 48184

Tools & Resources:

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

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48184
• Year Built: 1966
• Subdivision/Neighborhood: Wayne City
• School District: Wayne-Westland
• Basement: Slab
• Lot Size: 6534 sq ft lot
• Basement Type: No
• Construction Materials: Brick, Vinyl Siding
• Directions: Take Wayne Rd to Van Born then head west.
• Heat Source: Natural Gas
• Heating: Baseboard
• Lot Size Area: 0.15
• Lot Size Square Feet: 6534
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Multi Family
• Parcel Number: 55016060028000
• SEV: 177700
• Street Type: Paved
• Tax Annual Amount: 12295
• Tax Legal Description: 32R28 29 LOTS 28 AND 29 T2S R9E L52 P39 WCR HOAGS SUB
• Total Approx Sq Ft All Bldgs: 11218
• Total Num Units: 16
• Township: Wayne City
• Water Source: Public