River Rouge, MI 48218,10490 W JEFFERSON AVE

$119,900

Est. payment /mo
Est.Price: ?

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10490 W JEFFERSON AVE River Rouge, MI 48218

3 Beds

5,000 SqFt

SOLD DATE : 08/04/2017

Key Details

Property Type Commercial

Sub Type Apartments,Business And Real Estate

Listing Status Sold

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $23

Subdivision Furgasons 3Rd Addn

MLS Listing ID 217031088

Bedrooms 3

Year Built 1910

Annual Tax Amount $5,118

Lot Size 3,484 Sqft

Property Sub-Type Apartments,Business And Real Estate

Property Description

Unique and phenomenal investment opportunity. There is an operating Coney island, that's been in business for over 20 years, next door is a vacant building, (approx. 1200 sq ft) that was most recently leased out to a tax office for $750 month. Above both buildings are apartments. There are 10+ single room studios above the restaurant, there are 2 shared bathrooms (no kitchens). These rent for approx. $250-300 each. Above the tax office, are 3, 2 bedroom units with full kitchen and bath. These units rent for $350-450 month. All units do need some work.
Seller is very motivated; relocating back overseas.

Location

State MI

County Wayne

Area River Rouge

Zoning Multi-Family,Multiple,Office

Interior

Heating Forced Air

Building

Foundation Slab

Sewer Sewer-Sanitary

Water Municipal Water

Structure Type Brick,Vinyl

Schools

School District River Rouge

Others

Assessment Amount $1,867

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Realcomp MLS
Listed by Mike Ayoub of RE/MAX Team 2000
Charles Laird

Charles Laird

Broker Associate | License ID: 6502364516

+1(248) 431-0544

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