14440 Frankfort Street Detroit, MI 48224
Commercial-Other
MLS #: 20261027480
Listed By CENTURY 21 Curran & Oberski
25636 Ford Road, Dearborn Heights, MI 48127
25636 Ford Road, Dearborn Heights, MI 48127
Property InformationDescription
32 unit apartment building with strong value add potential located in Chandler Park. This property offers a total of 32,934 square feet, with a unit mix of 20 one-bedroom units and 12 two-bedroom units. The seller has already completed major capital improvements in 2021, including new windows, a new roof, and new siding, along with plumbing and electrical updates. The sale also includes 12 newly renovated kitchens, reducing upfront renovation work for the next owner. A recent after-repair value appraisal comes in at 1.9 million. This is an excellent 1031 exchange opportunity with significant upside potential for investors looking to expand or reposition a multifamily asset in a growing area. Call now to schedule a tour!
Features
- Building Area: 32934.00 SF
- Cross Docks: N
- For Auction: N
- Garage Description: No Garage
- Industrial Ground Level: N
- MLSID: 20261027480
- Parking Places: 0
- Price Per Area: 24.29
- Price Upon Request: N
- Rail: N
- Sprinklers: N
- Style: Other Style
- Sublease: N
- Taxes: $48403.00
- Year Built: 1958
