5941 Hatchery Road
Waterford Twp, MI 48329

$1,015,000

Description

This 8 unit has been completely refurbished and updated. Too many things to list. Energy efficient. Perfect income property for the entry level multifamily investor. All the hard work is done and were ready for a larger project. Garage rents to long term storage. Rent the shed for an annual fee. Each unit has its own systems and laundry. Its set up to be a condo. There is space to build more units if you smash the garage. The city doesn't have any open issues. It's on autopilot bringing in almost 10k a month in rents. 2 Units are fully furnished. There is a pace tax assessment that adds to annual costs but, that is accounted for in the valuation which is based on income. Agent owned. Contact agent for info. Do not bother my occupants, please. ****** No showings without accepted LOI and proof of funds. ********

Details

MLS#219051954
StyleIndustrial
Sub-TypeResale
StatusActive
Year1987
Days On Site43

Features

SQ Feet8,384
Story(s)1
Units2
ZoningMultiple

Market Activity 48329

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Area Information

StateMI
CountyOakland
CityWaterford Twp
Zip Code48329
AreaWaterford Twp
Listing VS Median (in 48329)
Price:
$1,015,000
low | high
Med:
$204,500
100% of Average
SqFt:
8,384
low | high
Med:
1,616
100% of Average
$ / SqFt:
$121
low | high
Med:
$130
42.218609315511% of Average
On Site:
43
low | high
Med:
136.5
31.501831501832% of Average
Listing Updated: 07/16/2019
MLS Number: 219051954
Listing Provided By:
Tony M McGuckin  of  KW Domain
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