20231 Kelly Road
Harper Woods, MI 48225

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Description

Excellent opportunity to own this fully occupied, well-maintained 8-unit investment property in Northeast Detroit, right on the Harper Woods boarder. Unit mix includes (4) one-bedroom and (4) two-bedroom apartments — fully leased and generating immediate income. Separate electric meters for each unit. Recent updates include roof (2020) and hot water tank (2021), and several unit turns/ updates in the last year. Conveniently located near shopping and major freeways. A great addition to any portfolio — don't miss this one!

Features

• Property Type: Multi Family Home
• Sub Type: Multi Family Home
• Listing Status: Active
• County/Area: Wayne County
• Zip Code: 48225
• Year Built: 1963
• School District: Detroit
• Basement: Yes
• Lot Size: 8276 sq ft lot
• Construction Materials: Brick
• Cooling: Wall Unit(s)
• Directions: SOUTH OF 8 MILE AND WEST OF KELLY
• Extras: Laundry Facility
• Gross Income: 82200
• Heat Source: Natural Gas
• Heating: Baseboard
• Lot Size Area: 0.19
• Lot Size Square Feet: 8276.4
• Lot Size Units: Acres
• MLS Area Major: Wayne County - 100
• MLS Area Minor: Wayne County - 100
• Main Type: Multi Family
• Operating Expense: 44627
• Parcel Number: W21I057041C5
• SEV: 192400
• Street Type: Paved, Private
• Tax Annual Amount: 14940
• Tax Legal Description: W KELLY RD 50 THRU 47 N 10 FT 46 TERNES SUPERHIGHWAY SUB L61 P72 PLATS, W C R 21/967 90 X 90
• Total Approx Sq Ft All Bldgs: 6400
• Total Num Units: 8
• Water Source: Public