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16810 Baylis Street

Detroit, MI 48221
  • $525,000
  • STATUS: Active
  • ON SITE: 95 Days
  • ID#: 20221055798
Foreclosure
UPDATED: 40 min ago
$525,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,352
    SQFT
  • $98
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1927
County:
Zoning:
Commercial,Multiple
Lot Size Dimensions:
58.00 X 127.00

School Ratings & Info

School District:

Description

Great Investment opportunity to be the owner of this beautiful 5 unit apartment building that is completely updated with energy efficient appliances, new furnace and hot water tank. No repairs needed unless you want to do some. The unit is totally occupied with good tenants. This is your oportunity to keep the units as rentals or convert to condos with the city of Detroit approval...Owner is ready for the next chapter. No shows until an offer is accepted. Close to all expressways, 15 minutes from downtown, and 20 minutes from the Detroit Airport...EMD held at List agent title company BATVAI...A DSCR Loan will be perfect for this property...

Monthly Payment Calculator



IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-02-01T20:57:06.487.
www.nexushomesearch.com/homes/134324907
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16810 Baylis Street Detroit, MI 48221

  • Price: $525,000
  • Status: Active
  • On Site: 95 Days
  • Updated: 40 min ago
  • ID#: 20221055798
0
Beds
0
Baths
0
½ Baths
0.17
Acres
5,352
SQFT
$98
$/SQFT
1927
Built
Neighborhood:
Nagels Golf Club (Plats)
County:
Wayne
Area:
Det: Livernois-i75 6-gd River
School District:
DETROIT
Property Description
Great Investment opportunity to be the owner of this beautiful 5 unit apartment building that is completely updated with energy efficient appliances, new furnace and hot water tank. No repairs needed unless you want to do some. The unit is totally occupied with good tenants. This is your oportunity to keep the units as rentals or convert to condos with the city of Detroit approval...Owner is ready for the next chapter. No shows until an offer is accepted. Close to all expressways, 15 minutes from downtown, and 20 minutes from the Detroit Airport...EMD held at List agent title company BATVAI...A DSCR Loan will be perfect for this property...
Exterior Features

Architecture Level 2 Story Commercial Exterior Features Outside Lighting Construction Materials Block/Concrete/MasonryBrick Distance To Airport 25 Distance To Interstate 2 Distance To Rail 0 Distance To Waterway 20 Foundation Details Basement Foundation Materials Block Lot Size Dimensions 58.00 X 127.00 Road Frontage Feet 58 Road Frontage Type Paved Roof Material Asphalt Waterfront YN No Waterway YN Yes

Interior Features

Building Area Source Appraiser Commercial Utilities 220V AvailableCarbon Monoxide Alarm(S)Smoke AlarmCircuit Breakers Heating Cooling Forced AirHigh Efficiency Sealed CombustionHot Water Heating Fuel Natural Gas Office Heating Cooling Forced AirHot Water Plant Heating Cooling Forced AirHot Water Sq Ft Main 5352 Unit Efficiency Number Of 0 Unit Four Bed Number Of 0 Unit One Bed Number Of 1 Unit Three Bed Number Of 0 Unit Two Bed Number Of 4 Water Heater Fuel High-Efficiency/Sealed Water HeaterNatural Gas

Property Features

Accessibility Features Accessible ClosetsAccessible Common AreaAccessible DoorsAccessible Washer/Dryer Assessment 0.00 Commercial Type Real Estate Only Existing Lease YN Yes Gross Scheduled Income 50400.00 Inventory Included YN No Land Contract YN No Listing Financing CashConventional Monthly Sales 0 Net Operating Income 35000.00 Operating Expense 10000.00 Ownership Status Bank OwnedShort Sale - No Percent Leased 100 Possession At Close Postal City Detroit Protection Period 360 Settlement City Sewer Public Sewer (Sewer-Sanitary)Sewer At Street Short Sale No Tax Amount Summer 44.0000 Tax Amount Winter 7.0000 Title Real Estate Owned (Bank) Total Tax 51.0000 Unparsed Address 16810 Baylis Street Water Source Public (Municipal)Water At Street Zone Conform YN Yes Zoning CommercialMultiple

Realcomp IDX logo IDX provided courtesy of Realcomp II Ltd., via National Realty Centers, Inc: (248) 468-1444 and Realcomp, ©2023 Realcomp II Ltd. Shareholders.


IDX provided courtesy of Realcomp II Ltd. via RE/MAX Nexus and Realcomp II Ltd.. © 2023 Realcomp II Ltd. Shareholders. Real estate listings held by brokerages other than RE/MAX Nexus are marked with the Realcomp-approved IDX logo and are provided through IDX through Realcomp II Ltd. IDX information is provided exclusively for the 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. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified. Data last updated: 2023-02-01T20:57:06.487.
 
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