1280 DEWEY ST PLYMOUTH, MI 48170

Features

• Price/sqft: $183
• Lot Size: 11326 sq. ft.
• Total Units: 6
• Total Rooms: 6
• Room List: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
• Stories: 200
• Heating: Forced Air Heating
• Exterior Walls: Concrete Block

Facts

• Year Built: 01/01/1973
• Property ID: 896761751
• MLS Number: 20240038229
• Parcel Number: 49-011-99-0041-002
• Property Type: Multi-family (5 or more units)
• County: WAYNE
• Legal Description: 35AA2A2 PART OF THE NW 1/4 OF SEC 35 T1S R8E BEGINNING AT A POINT DISTANT N 2D 17M W 765.85 FT AND N 88D 11M 30SEC E 152.50 FT FROM THE W 1/4 CORNER OF SEC 35 TH N 2D 17M W 93.28 FT TH N 88D 11M 30SEC E 119.50 FT TH S 2D 17M E 93.28 FT TH S 88D 11M 3
• Zoning: RM-1
• Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Great Opportunity to own these six units in Plymouth city. This wonderful investment opportunity apartment building is located in a residential neighborhood, walking distance to charming downtown Plymouth, Kellogg Park and all the restaurants and activities available. These 5 one bedrooms and 1 two-bedroom units are spacious with a nice open floor plan. Since 2016 the owners updated some appliances, bathrooms, counter tops, paint & Carpet. These Apartments are 100% leased and always full. Each unit has its own Separate furnace. Tenants pay for their own electric & Gas reducing the owners operational costs. Newer furnaces were installed (2 in 2012 and 4 in 2017). Individual Storage units were added in the basement for each apartment in 2017. The outside of the building was painted in (2022). designated laundry area are attractive features for tenants. And there is a possibility of converting part of the basement into an additional unit which offers potential for increased revenue. First floor patios and second floor balconies enhance living space for tenants making units more desirable. The fact that the apartments are 100% leased and consistently full is a strong indicator of the property desirability and could imply a reliable income stream for the new owner. 10 Car Parking lot for the tenants for their convenience too. check out this great investment.n