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$1,250,000 For Sale

345 Granger Road
Ortonville Vlg, MI 48462

16 units |
14,816 sq ft,
0.55 acre lot
Commercial: Commercial - MLS# 217076133
Property Photo
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Description

Are you looking for a great investment with a very good cap rate you just found it .this 16 unit apartment house in 4 buildings in sought after Ortinville has the possibility of 16 more units that could be built in the future . all brick 16 2 br with huge parking lot, beautiful back yard new exterior doors, flooring ,paint,kitchens and baths call Bob for more details

Features

  • Acres: 0.5500
  • Architecture Level: 2 Story
  • Commercial Type: Apartments
  • Commercial Utilities: Cable TV, Fire Sprinkler, Smoke Alarm
  • Construction Materials: Brick, Vinyl
  • County/Area: Oakland County
  • Distance To Interstate: 7
  • Foundation Details: Slab
  • Foundation Materials: Poured
  • Frontage Feet: 400
  • Gross Scheduled Income: 124800.00
  • Heating: Baseboard
  • Heating Fuel: Electric
  • Interstate YN: 1
  • Listing Financing: Cash, Conventional
  • Listing Status: Active
  • Lot Dimensions: 400x210
  • Monthly Sales: 10400
  • Net Operating Income: 91400.00
  • Operating Expense: 33400.00
  • Originating MLS: Realcomp Ii Ltd
  • Ownership Status: Private Owned, Short Sale - No
  • Percent Leased: 100
  • Property Type: Commercial
  • Road Frontage Type: Class C, Paved
  • Roof Material: Asphalt
  • School District: Brandon
  • Sewer: Septic-Existing
  • Soil Type: Sand
  • Sq.Ft.: 14816
  • Sqft Source: Prd
  • Sub Type: Commercial
  • Subdivision: Kearsley Creek Estates
  • Subdivision/Neighborhood: Kearsley Creek Estates
  • Unit Two Bed Number Of: 16
  • Units: 16
  • Water Heater Fuel: Electric
  • Water Source: Well-Existing
  • Year Built: 1972
  • Zip Code: 48462
  • Zoning: Multiple

Seaver Title Agency is a full service title agency providing comprehensive services to companies and individuals involved in real estate transactions.
 

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