Address
8225 Cadillac Avenue Warren, MI
Price
$ 324,900
Property Attributes
  • ID#2210070753
  • TypeMulti-Family
  • CountyMACOMB
  • CityWarren
  • AreaWarren
  • NeighborhoodPIPERS 1ST VAN DYKE FARMS
  • Zip48089
  • StyleArt Deco,Ranch
  • Year Built1954
  • Taxes$ 5265
  • Price$ 324,900
  • Bedrooms0
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage3000
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Keller Williams Realty Central
Data Source:
RealComp - 83 - MI
Property Description

Cashflow Apartment building, income producing FULLY LEASED 8-unit apartment building. Units are studio units with range/oven, refrigerator, ceiling fan and wall hung furnace. New bathroom and kitchen sinks, toilets and vinyl plank flooring (2015). Updated Hot Water Heater Sewer line to street (2008). Vinyl window replacement (2005). City of Warren Rental License good to March 2022. Current Cap Rate 10% Laundry facilities on premises, managed by an outside company, you get a check every month, private parking lot--

Price History
8/26/2021 Listed $324,900

General Features

Construction Materials Aluminum, Block/Concrete/Masonry, Brick, Brick Siding
Cooling Ceiling Fan(s), Wall Unit(s)
Cumulative Days on Market 101
Deposit Amount 200000.00
Gross Scheduled Income 45900.00
Heating Hot Water
Land Contract Yes
Listing Agent Public Id 258219
Net Operating Income 33000.00
Ownership Status Private Owned, Short Sale - No
Parcel Number 1334108016
Parking Total 10
Property Type Multifamily
Rent Includes Electric, Garbage Pickup, Heat, Snow Removal, Water/Sewer, Yard Maintenance
School District Van Dyke
Sewer Sewer-Sanitary
Short Sale No
Status Active
Subdivision Name PIPER'S 1ST VAN DYKE FARMS
Terms Offered Cash, Conventional, Land Contract
Total Sq Ft 3000
Transaction Type Sale
Year Built 1954
Year Remodeled 2017
Zoning Commercial

Interior Features

Full Baths 8
Heating Fuel Natural Gas
Interior Features Cable Available
Total Baths 8.00
Total Units 8
Unit Count 8

Exterior Features

Architecture Level 1 Story
Architecture Style Art Deco, Ranch
Exterior Features Awning/Overhang(s), Fenced
Foundation Slab
Foundation Materials Block, Brick
Frontage Feet 80
Lot Size Area 0.20
Lot Size Dimensions 80.00X109.00
Porch Patio, Porch - Covered
Roof Material Asphalt
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via The Gammo Team Brokered By EXP Realty and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of December 6, 2021 10:22 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Multi-Family Average in 48089

Price
AVG $200K
$320K
Taxes
AVG $3,351
$5,265
Visits
AVG 25
69
Year Built
AVG 1952
1954
Walkscore
AVG 41
79
Data Provided by Walkscore ® not using MLS data