Ignite FB Tracking PixelVideo Tour - 13220-13264 Leroy Street, Southgate, MI 48195 - Jeff Smith
Island Realty - KW Advantage
Jeff Smith, Island Realty - KW AdvantagePhone: (313) 330-3391
Email: [email protected]

Video Tour - 13220-13264 Leroy Street, Southgate, MI 48195

by Jeff Smith 03/05/2023

MultifamilySold
List Price $1,150,000
Sold Price $1,150,000
13220-13264 Leroy Street
Southgate, MI 48195
16Baths
11,086Sq Ft
Est. Mortgage
$6,036/mo

Awesome Investment Opportunity. Note: Both parcels have been combined into this listing. A total of 16 units (1-two bedroom & 15 1-bedroom), 2 buildings, great location and well maintained with current annual gross income of $121k. Both buildings are brick and mostly maintenance free. Crawl space under one building and the other building is on a slab. All 16 units have been consistently rented over the years of ownership. The roofs on both buildings are around 10 years old. Total of 4 - 75 gallon HWT's. All apartments are furnished with a refrigerator, stove, furnace and built-in wall A/C. All tenants on separate meters for gas/electric and the owner pays the water. All tenants on a MTM 90-days after move-in date. No pets or smoking allowed. All units have front/rear private entrances. A total of 35 parking spots (each tenant has 2 spots) with additional parking on Leroy St.

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Author

Jeff Smith

Hello and thanks for taking the time to visit my website. Whether you're in the beginning phases of your real estate needs or are ready now to buy and/or sell you'll benefit from having a real estate professional by your side. My financial background and real estate knowledge will provide you with an abundance of information needed for a smooth & successful transaction. Let me guide you through the entire process of the transaction and I promise you will not be disappointed. Check out my past client reviews on this site.