Address
31740 Fraser Fraser, MI
Price
$ 1,795,000
Property Attributes
  • MLS#50055269
  • TypeMulti-Family
  • CountyMACOMB
  • CityFraser
  • AreaFraser
  • NeighborhoodFraser
  • Zip48026
  • Style
  • Year Built1969
  • Taxes$ 21986
  • Price$ 1,795,000
  • Bedrooms18
  • Full Bathrooms18
  • Half Bathrooms0
  • Sqr Footage15120
  • Lot Size0.85 Acres
Listing Provided Courtesy Of:
RE/MAX First
Data Source:
MiRealSource (MIRS) - 138 - MI
Property Description

NO SHOWINGS UNTIL AN ACCEPTABLE OFFER HAS BEEN PRESENTED AND ACCEPTED! NO EXCEPTIONS PLEASE! A Rare Find! 18 units /2 brick apartment buildings w/ 12 units @ 31740 Fraser Dr. & 6 units @ 31735 Linden Ave. All 18 apartments are one-bedroom units. Great location & 100%occupancy! 15,120 square foot brick buildings. Building is consistently 100% occupancy. Almost $450K in improvements include: brand new decking/walkways on both buildings, many new windows, some new furnace/ac units, most, if not all of the units have been upgraded & improved, etc. All apartments have central air, stove, refrigerator, disposals & separate thermostats. Building is all electric & tenants pay for individual electric to their units & owner pays for entry ways & outdoor lighting. All tenants are either on a one-year lease or month to month. New rental rates for 2022 will be $800 per month. Registered, Inspected & Certified as a rental property w/City of Fraser Building Dept. HURRY, HURRY, HURRY!

Price History
9/17/2021 Listed $1,795,000

General Features

Appliances Disposal, Range/Oven, Refrigerator
Associated Document Count 4
Bathrooms 18
Beds 18
Class MULTIFAMILY
Community Amenities Laundry Facility, Private Entry
Cooling Ceiling Fan(s), Central A/C
Directions UTICA TO FRASER DRIVE TO FRASER MANOR APTS ON LEFT
Exterior Features Exterior Balcony
Financial Terms Cash, Conventional
Full Baths 18
Heating Forced Air
Interior Features Sump Pump
Listing Area Fraser (50014)
Municipality Fraser
Originating Mls MiRealSource
Ownership LLC
Parking 3 or More Spaces, Unassigned/General
School District Fraser Public Schools
Source Mls MI Real Source
Status Active
Status Active
Structure Style 2 Story
Subdivision A/P # 08 FRASER
Subj To Short Sale Apprvl No
Type Multi-Family
Water Public Water
Water Heater Electric
Year Built 1969
Zoning Commercial, Multi-Family, Residential

Interior Features

Bath Descriptions First Flr Bath Lav/Half, Second Flr Bath Lav/Half
Dining/Kitchen Dining L
Fireplace? No
Fuel Type Electric
Total Number of Units 18
Unit 1 Occupied Y/n Yes
Unit 1 Rent Rate 750
Unit 2 Occupied Y/n Yes
Unit 2 Rent Rate 750
Unit 3 Occupied Y/n Yes
Unit 3 Rent Rate 750
Unit 4 Occupied Y/n Yes
Unit 4 Rent Rate 750
Unit 5 Occupied Y/n Yes
Unit 5 Rent Rate 750
Unit 6 Occupied Y/n Yes
Unit 6 Rent Rate 750

Exterior Features

Exterior Brick
Foundation Type Crawl
Frontage 291
Lot Dimensions 291 X 248
Lot Size Area 0.85
Roads City/County, Paved Street
Separate Electric Y/n Yes
Separate Gas Y/n No
Separate Heat Y/n Yes
Separate Water Y/n No
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 Multi-Family Average in 48026

Price
AVG $1.8M
$1.8M
Taxes
AVG $21,986
$21,986
Visits
AVG 62
63
Year Built
AVG 1969
1969
Walkscore
AVG 54
54
Data Provided by Walkscore ® not using MLS data