413 Saint John St - Apartments FOR SALE


Wyandotte, MI 48192
$1,050,000 USD
734-812-8284
413 Saint John St, Wyandotte, MI for Sale
$1,050,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

413 Saint John St
Wyandotte, MI 48192


HIGHLIGHTS

  • Updated Kitchens & Bathrooms
  • New Carpet & Paint in Hallway
  • Newer Roofs & AC/Furnaces
  • Cement Work in Back Driveway Area
  • 9 Unit Storage Facility Providing Additional Income - Fully Occupied
  • 8 Apartment Units + 9 Unit Storage Facility = 17 Total Units

OVERVIEW

Global Real Estate Advisors are pleased to present the exclusive offering 413 Saint John in Wyandotte, MI. This two-story building was originally constructed in 1972 and consists of 8 two-bedroom apartments units and a 9-unit storage facility. The property features tenant paid electricity and gas, with the landlord paying for water & sewer. 413 Saint John is close to plenty of restaurants, grocery stores, childcare and other businesses in the downriver area. The property has undergone a tremendous amount of work over the last 2-3 years including updated kitchens, updated baths, new carpet in the hallways, new paint in the hallways, newer roofs, cement work in the back driveway area, newer AC/Furnace units. The building also has a Certificate of Occupancy.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$98 USD /SF

# OF UNITS

17

PRICE/UNIT

$61,765

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,751 SF

ZONING

CM

APN/PARCEL ID

57-004-07-0040-004

ASK ABOUT THIS PROPERTY

Nick KirbyGREAMore Info
734-812-8284

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Nick KirbyGREAMore Info
734-812-8284

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.