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$1,250,000 For Sale

345 Granger Road
Ortonville Vlg, MI 48462

16 units |
14,816 sq ft;
lot: 0.55 acres
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

Features

  • 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
  • Lot Size: 0.5500
  • 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

Wilhelm & Associates Realtors
6485 Dixie Hwy.
Clarkston, MI 48346
(248) 625-9500 or (248) 891-1000


                               

Wilhelm & Associates Realtors is the largest independent real estate company in Michigan. We dominate the real estate market in Oakland County. View Michigan homes for sale in Clarkston, Waterford, Birmingham, Bloomfield Twp., Commerce, White Lake, and many more. Visit any of our sources to find Michigan Real Estate including vacant land, waterfront homes, commercial real estate in Michigan and other residential Michigan homes for sale.

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