8241 IRONWOOD Street, Detroit MI 48204 Photo 1 8241 IRONWOOD Street, Detroit MI 48204 Photo 2 8241 IRONWOOD Street, Detroit MI 48204 Photo 3 8241 IRONWOOD Street, Detroit MI 48204 Photo 4 8241 IRONWOOD Street, Detroit MI 48204 Photo 5 8241 IRONWOOD Street, Detroit MI 48204 Photo 6 8241 IRONWOOD Street, Detroit MI 48204 Photo 7 8241 IRONWOOD Street, Detroit MI 48204 Photo 8 8241 IRONWOOD Street, Detroit MI 48204 Photo 9 8241 IRONWOOD Street, Detroit MI 48204 Photo 10 8241 IRONWOOD Street, Detroit MI 48204 Photo 11
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Nextpointe Real Estate Services, Llc and Realcomp Ii Ltd. Copyright 2016 Realcomp II Ltd. Shareholders

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8241 IRONWOOD Street - CASH COW! This 4 unit apartment with each apartment having two bedrooms is low maintenance because ALL of the work is done. Newer furnaces, newer windows, separate gas and electric meters for all units. Even the roof is in good condition. There is a steady flow of great tenants who jump at the chance to live here because of the new mechanicals and some newer kitchens. Each apartment is 2 bedrooms, living room, bath and kitchen. It comes with a separate basement and ample parking. Close to bus lines, schools and parks. PLEASE DO NOT DISTURB THE TENANTS!! It's a clean building, located in a good rental community. Redevelopment is coming to this side of town and this apartment building is one of the only buildings for sell in the area. It's nestled close to the I-96 freeway with access to downtown in only 15 minutes. The building only has one vacancy and that's only because we needed one to show! All tenants have good rental history. Tenant pays gas and electric.

Listing information

  • MLS® ID: 215075398
  • Baths: 4 (Full: 4 3/4: 0 1/2: 0 Other: 0)
  • New Construction: No
  • Lot Area: 0.08
  • School District: Detroit
  • Style: Quadruplex
  • Status: Active
  • Foreclosure: No
  • Lot Size: 30.00X120.00
  • Subdivision: Joseph Tireman
  • Year Built: 1924
  • Stories: 0
  • Total Square Footage: 3,084 ($27.53 per sq. foot)
  • County: Wayne

Features

Architecture Level 2 Story
Architecture Style Quadruplex
Exterior Features Fenced, Outside Lighting
Foundation Details Basement
Foundation Materials Block
Heating Forced Air, Separate Meters
Heating Fuel Gas
Income Projection Projected
MF Parking On Street, Paved
Other Assessment - 0, Basement YN - 1, Exterior Features - Fenced,Outside Lighting, Frontage Feet - 30, Gross Scheduled Income - 21120.00, Inventory List YN - 1, Land Contract YN - 0, Legal Rental Certified YN - 1, Monthly Rental Income - 550, Net Operating Income - 18000.00, Number Of Units Leased - 3, Number Of Units Total - 4, Restrictions YN - 0, Sqft Total Bsmt - 3900, Tax Amount Summer - 762.0000, Tax Amount Winter - 51.0000, Unit Efficiency Number Of - 0, Unit One Bed Number Of - 0, Unit Three Bed Number Of - 0, Unit Two Bed Number Of - 4, Waterfront YN - 0, Year Remodeled - 2010
Ownership Status Private Owned, Short Sale - No
Rent Includes Snow Removal, Water/Sewer, Yard Maintenance
Road Frontage Type Paved, Pub. Sidewalk
Zoning Residential
Provided through IDX through Realcomp II Ltd, via CENTURY 21 Affiliated. Courtesy of Nextpointe Real Estate Services, Llc and Realcomp Ii Ltd. Copyright 2016 Realcomp II Ltd. Shareholders