Active

15321 E 9 Mile Road

Eastpointe MI, 48021

$1,400,000


$72.19 per sqft

Active

28 Beds

24 Baths

19,392 sqft

Multi-family

Built in 1955

Situated on Nine Mile Road in Eastpointe, this apartment building presents a prime opportunity as a value-add property with significant potential. Comprising 24 units, including four two-bedroom units and twenty one-bedroom units, each unit features separated utilities. Water is either included in rent or charged back to tenants on a monthly basis. The building offers shared common areas in the basement, providing additional storage space. Tenants benefit from ample parking, and the property's proximity to major freeways ensures an easy commute. This property is ideal for investors seeking to add value and stabilize rents, capitalizing on its strategic location and promising market dynamics.

20240031219

MLS ID

May 8, 2024

Listed

July 13, 2024

Updated

Map

15321 E 9 Mile Road
Eastpointe MI, 48021

Interior Features

Bedrooms

28


Total Bathrooms

24


Full Bathrooms

24


Fireplace

No


Cooling

Yes


Cooling Description

Window Unit(s)


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.73 Acres


Architectual Style

Upper/Lower Apartment

School Information

School District

Eastpointe Community Schools

Other Property Details

Area Name

Eastpointe


Taxes

$46,439


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking Total

26


View

No


County

Macomb


Pool

No


Zoning

Multi-Family

 

Courtesy of Keller Williams Somerset

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Data last updated 5:04 PM UTC, 7/13/2024

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