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$395,000
Est. payment /mo
3,125 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 3,125 sqft
Price per Sqft $126
Municipality Riverview City
Subdivision Riverview City
MLS Listing ID 20250034891
Year Built 1927
Annual Tax Amount $3,690
Lot Size 2,613 Sqft
Acres 0.06
Lot Dimensions 70 x 115
Source Realcomp
Property Description
Do not approach tenants!Turnkey 3-Unit Apartment Complex – Fully Renovated & Fully Occupied!Discover this beautifully renovated, income-generating property featuring three units and prime amenities. Featuring almost 3,500 sq feet. The expansive 1,700 sqft first-floor unit offers a spacious 2-bedroom layout with a luxurious master suite, walk-in closet, custom kitchen with quartz countertops, vinyl flooring, and a bright, open-concept living room. Rear storage space adds extra convenience.The second floor includes two additional units, one of which has been tastefully updated. A brand new tankless water heater, efficiently heating the whole building (installed in 2024) ensures energy-efficient comfort for all tenants.This well-maintained complex is fully occupied, delivering immediate cash flow. Enjoy private rear parking, ample street parking, and an additional parking agreement with a nearby liquor store just two buildings down, ensuring plenty of tenant parking.Whether you're expanding your portfolio or looking for a stable investment, this property offers long-term value and strong returns. All measurements are approximate agent to verify.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Multiple
Direction Property is one block South of Pennsylvania Road on the West Side of Quarry Road
Exterior
View Y/N No
Building
Sewer Public
Water Public
Structure Type Vinyl Siding
Schools
School District Riverview
Others
Tax ID 51011010248002
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Listed by Keller Williams Legacy
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Crystal Hallack
Team Leader | License ID: 6501381439
Team Leader License ID: 6501381439