16810 BAYLIS Street Detroit, MI ^$ 525,000

16810 BAYLIS Street

^$ 525,000

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16810 BAYLIS Street

Detroit, MI, 48221

^$ 525,000

Studio Baths0.0 Sq 5,352

Monthly Estimate*

^$ 3,489

16810 BAYLIS Street, Detroit, MI 48221 - Image 1

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16810 BAYLIS Street, Detroit, MI 48221 - Image 8

16810 BAYLIS Street, Detroit, MI 48221 - Image 9

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Studio

Commercial Property for sale in Detroit, MI

for $525,000. This 5,352 square foot building was built on a lot size of 0.17.

Great Investment opportunity to be the owner of this beautiful 5 unit apartment building that is completely updated with energy efficient appliances, new furnace and hot water tank. No repairs needed unless you want to do some. The unit is totally occupied with good tenants. This is your oportunity to keep the units as rentals or convert to condos with the city of Detroit approval...Owner is ready for the next chapter. No shows until an offer is accepted. Close to all expressways, 15 minutes from downtown, and 20 minutes from the Detroit Airport...EMD held at List agent title company BATVAI...A DSCR Loan will be perfect for this property...

Commercial Active

Price

^$ 525,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 51

Style

Commercial/Industrial

Lot Size

0.17

Town/City

Detroit

County/Region

Wayne

MLS | Web ID

60158042

Features

General

Heating Forced Air Hot Water

Possession At Close

Roof Asphalt

Exterior Features Security Lighting

Water Public Water Public Water at Street

Status Active Active

Year Built 19

Subdivision NAGELS GOLF CLUB (PLATS) MI

Water Heater Gas

County Wayne

Class COM/IND/BUS OPP

Type Commercial/Industrial

Percent Ownership Private

Municipality Detroit

Zoning Mixed Use Residential

Commercial Features 220 Volt Power

Area Detroit (82001)

Primary City Detroit

Directions East of Livernois & South of McNichols on Baylis to #

City Detroit

Street Name BAYLIS

Financial Terms Cash Conventional

Legal Description E BAYLIS 18 NAGELS GOLF CLUB SUB AND VAC ALLEY ADJ L42 P47 PLATS W C R 8/170 57.6 X 127.78A

DOM 579

Postal Code 48221

Price Per Sq Ft Total 98.09

Coming Soon Great Investment opportunity to be the owner of this beautiful 5 unit apartment building that is completely updated with energy efficient appliances

Exterior

Exterior Block Brick

Frontage 58

Lot Size Area 0.17

Lot Dimensions 58.00 x 127.00

Roads Paved Street

Waterfront Y/N No

Interior

Fuel Type Natural Gas

* Excluded Features

List By

Miranda Morrow

Listing Agent

National Realty Centers, Inc

Broker

morrowmn@gmail.com

Affordability Calculator

$3,494

Per Month

Monthly Principal & Interest: $3,489
Monthly Property Taxes: $4
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Detroit, MI

Average List Price ^$483,804

Percent of Sale Price 8%

About Detroit, MI

633,657 Population

-33% Since 2002

^$26,977 Median Income

36.23 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

760529 Elementary School

760235 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/28/2022	$525,000		Listed Price

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16810 BAYLIS Street, Detroit, MI, 48221 is a Commercial Property for sale at $525,000 with 5,352 sqft and a lot size of 0.17. 16810 BAYLIS Street is a studio with 0.0 baths. The property's zip code is 48221 which is in Detroit, MI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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16810 BAYLIS Street

Commercial Property for sale in Detroit, MI

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