Seller Financing
Address
8225 Cadillac Ave Warren, MI
Price
$ 324,900
Property Attributes
  • MLS#40217737
  • TypeCommercial
  • CountyMACOMB
  • CityWarren
  • AreaWarren
  • NeighborhoodWarren
  • Zip48089
  • StyleCommercial/Industrial
  • Year Built1954
  • Taxes$ 5265
  • Price$ 324,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3000
  • Lot Size8,712 SqFt
Listing Provided Courtesy Of:
Keller Williams Realty Central - 5869794200
Data Source:
MiRealSource (MIRS) - 138 - 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
8/30/2021 Listed $324,900

General Features

Class COM/IND/BUS OPP
Commercial Features 3 Phase Power, Cafe/Kitchen, Railroad
Directions S Nine Mile
Financial Terms Cash, Conventional, Land Contract
Heating Baseboard, Hot Water
Listing Area Warren (50023)
Municipality Warren
Originating Mls RealComp
Ownership Private
Roof Asphalt
Source Mls MI Real Source
Status Active
Status Active
Subdivision PIPER'S 1ST VAN DYKE FARMS
Subj To Short Sale Apprvl No
Type Commercial/Industrial
Water Public Water
Water Heater Gas
Year Built 1954
Zoning Commercial

Interior Features

Fuel Type Natural Gas

Exterior Features

Sale Includes Business and Real Estate
Exterior Aluminum, Brick, Brick Front, Concrete/Block
Foundation Type Slab
Frontage 80
Lot Dimensions Business Only
Lot Size Area 0.2
Sewer Septic Public Sanitary
Waterfront Y/N No

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

Property vs Commercial Average in 48089

Price
AVG $430K
$320K
Taxes
AVG $5,355
$5,265
Visits
AVG 40
4
Year Built
AVG 1956
1954
Walkscore
AVG 50
79
Data Provided by Walkscore ® not using MLS data