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12216 Morang Drive

Detroit, MI 48224
Square Ft.
2,696
$199,900
Investment-opportunity: property is sold as is and only accepting cash offers. Investment-ready opportunity: a 7 unit 1 bed 1 bath in each unit -5-7 currently rented out at $650 a month. Property is located close to Ascension Hospital, shopping, and a major expressway for an easy commute, this property sits… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of RE/MAX First, [email protected], (586) 781-2900.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multifamily
Square Ft.
2,696
Lot Size
0.14 Acres
Year Built
1956
MLS Number
20261056560
30 Days Snapshot Of 48224
$88k
-6%
(avg) sold price
38
-33%
homes sold
91
-14%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Basement?: 0
Building
7 total units, 5 leased units, 7 one-bedroom units, Built in 1956, Architectural style: Ranch, Brick, 2,696 total square feet, 2,696 combined square feet, Unit count: 7
Fireplaces
Fireplace?: 0
Foundation
Slab
Garage
Garage?: 0
Water Features
Public (Municipal)
Heating
Hot Water, Natural Gas
Lot
Lot size area: 0.14, Lot size dimensions: 60X100
Miscellaneous
Gross scheduled income: $54,600, Income projection: Actual, Monthly rental income: $4,550, Net operating income: $26,600, Operating expense: $28,000
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $1,775, Tax amount (winter): $19,571
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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Garrett Blair
Broker
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Schools In The Area

Check out nearby schools with ratings and contact info.
Carleton Elementary School 313-866-8322 Public PK-5
Fisher Magnet Upper Academy Telephone N/A Public 6-8
Denby High School 313-866-7200 Public 9-12
Carleton Elementary School 313-866-8322 Public PK-5
Carleton Elementary School 313-866-8322 Public PK-5
Fisher Magnet Upper Academy Telephone N/A Public 6-8
Denby High School 313-866-7200 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Douglas Rose Realty and Garrett Blair, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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