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About the Listing 16575 - 281311
BACK ON THE MARKET DUE TO BUYER NOT HAVING FUNDS TO CLOSE AT CLOSING. PRICE REDUCED TO SELL!! CALLING ALL INVESTORS!! This Russell Woods apartment complex has 156 units and is an ADD VALUE INVESTMENT/OPPORTUNITY!! 50% occupied! 100 one bed/one bath and 56 two beds/one bath units. Occupied units are in great condition. Vacant units just need turned and rented. This complex is made up of 28 buildings on one plot of land! Rare find. Fenced property. Some of the roofs have been updated/replaced. All of the windows have been updated to vinyl. 48 of the units are on boiler heat and the rest of the 108 units are individually furnaced. Great mix! Good rents. Located in the great Russell Woods Community of Detroit! This will be a cash cow once units are turned and fully occupied! Seller is open to seller financing with 50% down, seller must be in first position. Serious buyers only please!
Listing Highlights for 2255 Webb
Status
Active
Days on Site
142
Property Type
Multi-Family
MLS ®
50172514
Year Built
1948
Total Square Footage
150,689
Lot/Acreage
4.87
County
Wayne
Neighborhood
Oakman & Stoll
Area
Detroit (82001)
School District
Detroit City School District
Interior Details
- Bedrooms: 212
- Bathrooms: 156 Full
- Appliances:
- Air Cond:
- Heating: Boiler,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 150689
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 212137
- Roof:
- Others:
- Sewer: Public Sanitary
Financial Details
- Tax Amount: $186,732
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
2255 Webb Detroit, MI 48206
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