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345 GRANGER Road $1,250,000
345 GRANGER Road Ortonville, MI 48462
- 14,816 sq.ft.
- 0.55 Acres
- Commercial
MLS# 217076133 | Active
$1,250,000
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Property Details
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
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General Features
- County Or Parish Oakland
- Settlement Village
- Subdivision KEARSLEY CREEK ESTATES
- Commercial Type Apartments
- Current Use apartment buildings 4 buildings 16 apartments
- Lot Size Area 0.55
- Zoning Multiple
- Ownership Status Private Owned, Short Sale - No
- Originating MLS Realcomp II Ltd
- Year Built 1972
- Sqft Total 14,816
- Number Of Units Total 16
- Operating Expense $33,400
- Net Operating Expense $91,400
- Gross Scheduled Income $124,800
- Tax Amount - Summer 2003.0000
- Tax Amount - Winter 1456.0000
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Building Features
- Foundation Details Slab
- Construction Materials Brick, Vinyl
- Sqft Office 0
- Heating Fuel Electric
- Unit One Bed Number Of 0
- Unit Two Bed Number Of 16
- Unit Three Bed Number Of 0
- Water Heater Fuel Electric
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Property Features
- Commercial Utilities Cable TV, Fire Sprinkler, Smoke Alarm
- Road Frontage Type Paved
- Frontage Feet 400
- Distance To Interstate 7
- Lot Size Dimensions 400x210
- Water Source Well-Existing
- Sewer Septic-Existing
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Schools
- School District Brandon
Neighborhood
48462 (Ortonville) Demographics
42Median Age
293Population Density (per sq. mile)
41%College Educated
$82,444Estimated Median Income
4,370Estimated Total Home Owners
453Estimated Total Renters
91% / 9%Estimated Owner / Renter Divide
3Estimated Average Household Size
13,968Total Population
Market Last 30 Days
$188,000
Median Sales Price
1
Homes Sold
22
New On Market
Average Days on Market
Properties for Sale
Property History
| Date | Price |
|---|---|
| -- | New Value: $1,250,000 |
| 8/26/2017 1:01:00 PM |
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