Plymouth, MI 48170,1280 DEWEY Street

$765,000

Est. payment /mo

$830,000

7.8%
Est.Price: ?

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1280 DEWEY Street Plymouth, MI 48170

6 Beds

9 Baths

4,528 SqFt

SOLD DATE : 09/04/2024

Key Details

Sold Price $765,000

Property Type Multi-Family

Sub Type Colonial

Listing Status Sold

Purchase Type For Sale

Square Footage 4,528 sqft

Price per Sqft $168

Subdivision Brookview Sub

MLS Listing ID 20240038229

Sold Date 09/04/24

Style Colonial

Bedrooms 6

Full Baths 6

Half Baths 6

Originating Board Realcomp II Ltd

Year Built 1973

Annual Tax Amount $10,694

Lot Size 0.260 Acres

Acres 0.26

Lot Dimensions 93.30 x 119.50

Property Description

Great Opportunity to own these six units in Plymouth city. This wonderful investment opportunity apartment building is located in a residential neighborhood, walking distance to charming downtown Plymouth, Kellogg Park and all the restaurants and activities available. These 5 one bedrooms and 1 two-bedroom units are spacious with a nice open floor plan. Since 2016 the owners updated some appliances, bathrooms, counter tops, paint & Carpet. These Apartments are 100% leased and always full. Each unit has its own Separate furnace. Tenants pay for their own electric & Gas reducing the owners' operational costs. Newer furnaces were installed (2 in 2012 and 4 in 2017). Individual Storage units were added in the basement for each apartment in 2017. The outside of the building was painted in (2022). designated laundry area are attractive features for tenants. And there is a possibility of converting part of the basement into an additional unit which offers potential for increased revenue. First floor patios and second floor balconies enhance living space for tenants making units more desirable. The fact that the apartments are 100% leased and consistently full is a strong indicator of the property desirability and could imply a reliable income stream for the new owner. 10 Car Parking lot for the tenants for their convenience too. check out this great investment.

Location

State MI

County Wayne

Area Plymouth

Zoning Multi-Family

Direction N of Ann Arbor Rd & E of Main Street

Rooms

Basement Partially Finished

Interior

Interior Features Other, Laundry Facility

Hot Water Natural Gas

Heating Forced Air

Cooling Ceiling Fan(s), Window Unit(s)

Fireplace no

Heat Source Natural Gas

Laundry 1

Exterior

Exterior Feature Lighting

Garage Spaces 10.0

Roof Type Asphalt

Porch Balcony, Porch

Road Frontage Paved

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Architectural Style Colonial

Level or Stories 2 Story

Structure Type Brick

Schools

School District Plymouth Canton

Others

Pets Allowed No

Tax ID 49011990041002

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conventional

Rebuilt Year 2016

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Sahar Qaqish of National Realty Centers, Inc
Bought with Keller Williams Metro

Brandon Stevenson

Agent

+1(313) 900-5133

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