$850,000 for Sale

327 e 11 mile road, madison heights, MI 48071

Property Description
This 7 unit strip (8,833sf) is currently leased by 4 tenants. Three tenants have been in place since 1968, new spa in place for 15 months. Center can be split into 7 actual units and has 7 H-Vacs, for each unit. Well maintained & updated in 2017.Tenants pay own utilities, exterior lighting and repair H-vacs, hot water heaters, electical & plumbing.Please do not bother tenants. Investment property. Purchase and start making money at closing! No needed repairs or tenants to fill spaces. 100% occupancy. Contact agent for information. Do not approach tenants.
General Information
Sale Price: $850,000
Price/SqFt: $106
Status: Active
MLS#: rcomi20240001566
City: madison heights
Post Office: madison heights
Schools: madison (madison hts.)
County: Oakland
Acres: 0.15
Lot Dimensions: 1850X110
Size: 8,000 sq.ft.
Acreage: 0.15 est.
Year Built: 1980
Property Type:
Style:
Tax, Fees & Legal
Est. Summer Taxes:  $6,114
Est. Winter Taxes:  $1,420


IDX provided courtesy of Realcomp II Ltd. via AAA McNamara Properties and Realcomp II Ltd., ©2024 Realcomp II Ltd. Shareholders Listing By: Hamidur Rashid of Real Estate Advantage, Phone: (586) 806-6650
Call Clarance Lee for more information about this property. (810) 449-8600

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Listings Presented by:
Clarance Lee
Call:
(810) 449-8600

Office:
(810) 733-2226