30
See all 30 photos
$899,900
Est. payment /mo
7,438 SqFt
New
17415 Hamilton AVE Allen Park, MI 48101
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Key Details
Property Type Commercial
Sub Type RealEstateOnly
Listing Status Active
Purchase Type For Sale
Square Footage 7,438 sqft
Price per Sqft $120
Subdivision Hamilton Blvd Sub
MLS Listing ID 20251061459
Year Built 1973
Lot Size 0.400 Acres
Acres 0.4
Property Sub-Type RealEstateOnly
Property Description
ONCE IN A BLUE MOON THESE COME AVAILABLE - HIGHLY SOUGHT AFTER 8 UNIT APARTMENT BUILDING IN DESIRABLE ALLEN PARK - ACROSS FROM THE "HILL" AND STONES THROW FROM GUS AND US- WHICH HAS LONG BEEN A SOURCE OF GREAT TENANTS - LONG TERM TENANTS HAVE STAYED - OWNER HAS HAD FRIENDS AND FAMILY OFTEN AS TENANTS AND RENTS HAVE BEEN BELOW MKT VALUE- 6 UNITS CURRENTLY RENTED - TWO AT MKT VALUE - 4 BELOW ON MONTH TO MONTH LEASES - - THIS PROPERTY HAS BEEN IMPECCABLY MAINTAINED FOR OVER 30 YEARS BY SAME OWNER - AND HE IS PASSING THE TORCH - IT IS A GEM! EACH UNIT IS ONE BEDROOM - ONE BATH - KITCHENS AND BATHS IN VARIOUS FORMS OF UPDATEDNESS -AND A LARGE WALK IN CLOSET IN UNIT FOR STORAGE - COMMON COIN OPERATED LAUNDRY ON SECOND FLOOR - ALL UNITS HAVE STOVE - REFRIGERATOR AND DISHWASHER - ALL UNITS HAVE CENTRAL AIR - FULL PARKING LOT MAINTAINED BY OWNER - OWNER PAYS GAS, WATER AND COMMON AREA ELECTRICITY - TENANT PAYS ELECTRICITY FOR UNIT - HOT WATER HEATER FOR ALL UNITS NEW IN 2019 -PARKING LOT W/ 16 SPACES(2 ARE OBSTRUCTED W/ DUMPSTERS) AND ONE HANDICAP SPOT -NET INCOME IS BASED ON 100% OCCUPANCY AND IT IS NOT AT THIS TIME - NOR IS 4 OF UNITS AT MKT VALUE. THIS IS A COVETED FIND AND HOPES ARE SOMEONE VALUES IT FOR 30+ YEARS AS THIS OWNER - BUT BRING IT ALL ON FOR THE NEW YEAR ! DONOT DISTURB TEANANTS OR KNOCK ON DOORS - ONE UNIT IS AVAIL TO VIEW W/ AGENT ONLY
Location
State MI
County Wayne
Area Area05141Allenpark
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Exterior
Parking Features ParkingLot
View Y/N No
Roof Type Asphalt
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Melvindale Allen Pk
School District Melvindaleallenpk
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Allison Fishwick of Prime + Property
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