$685,000 For Sale

23301 Kelly Road
Eastpointe, MI 48021

Multi Family Home
12197 sq ft lot - MLS# 20261004583
Property Photo
1/7

Description

Kelly Pointe Apartments is a stabilized 7 unit apartment building located in Eastpointe, MI. The units are all one bedroom one bath, approximately 600 square feet with their own separate entrance. There is one buildings total, with one parking space per unit. The property is 100% occupied grossing +$7,000 per month, with an annual gross potential rent of $86,000.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Macomb County
  • Zip Code: 48021
  • Year Built: 1957
  • Subdivision/Neighborhood: Eastpointe City
  • Basement: Slab
  • Lot Size: 12197 sq ft lot
  • Basement Type: No
  • Construction Materials: Brick
  • Directions: Eastpointe
  • Gross Income: 84564
  • Heat Source: Natural Gas
  • Heating: Hot Water
  • Lot Size Area: 0.28
  • Lot Size Square Feet: 12196.8
  • Lot Size Units: Acres
  • MLS Area Major: Macomb County - 50
  • MLS Area Minor: Macomb County - 50
  • Main Type: Multi Family
  • Operating Expense: 25503
  • Parcel Number: 1429432024
  • SEV: 211800
  • Street Type: Paved
  • Tax Annual Amount: 10250
  • Tax Legal Description: KOPPIN'S HALFWAY-HOMES SUBDIVISION NO. 1 LOT 273; INC VAC NICOLAI AVE ADJ SIDE & 1/2 VAC ALLEY ADJ REAR LIBER 8, PAGE 17
  • Total Approx Sq Ft All Bldgs: 3100
  • Total Num Units: 7
  • Township: Eastpointe City
  • Water Source: Public
Courtesy of Brady Williams, Greater Development LLC
Source: Michigan Regional Information Center (MichRIC)
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