Welcome to our listing for an exceptional 8-unit commercial building located on the desirable eastside of Detroit. This well-maintained property presents a unique opportunity for residential and commercial investors alike. With its convenient location in a residential area, this building offers the potential for a variety of uses. Let's explore the captivating features of this property: Desirable Residential Location: Situated in a sought-after residential area on the eastside of Detroit, this commercial building offers a peaceful and comfortable environment for tenants. Established Tenant: One of the units is occupied by a long-standing barber shop, providing a stable and consistent income stream. This tenant adds value and reliability to the property. Refurbished Exterior: The exterior of the building has been completely refurbished, showcasing a fresh and updated look. This modernized facade creates a positive first impression and attracts potential tenants. Updated Units: Each of the eight units in the building has been thoughtfully updated to ensure comfort and functionality. The modernized interiors are designed to meet the needs of both residential and commercial tenants. Versatility for Residential or Commercial Use: With a mix of residential and commercial units, this property offers flexibility for various types of tenants. It presents an excellent opportunity for those seeking a live-work space or small-scale businesses that cater to the local community. Ample Fenc
General Information
Sale Price: $600,000
Price/SqFt: $68
Status: Active
MLS#: rcomi20240082609
City: detroit
Post Office: detroit
Schools: detroit
County: Wayne
Acres: 0.33
Lot Dimensions: 144.00 x 100.00
Size: 8,850 sq.ft.
Acreage: 0.33 est.
Year Built: 1939
Property Type: Commercial
Style:
Tax, Fees & Legal
Est. Summer Taxes: $10,166 Est. Winter Taxes: $1,189
