15
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$675,000
Est. payment /mo
5 Baths
2,952 SqFt
Active
33614 Grand River Avenue Farmington, MI 48335 3524
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,952 sqft
Price per Sqft $228
Subdivision Mi
MLS Listing ID 60999611
Style 2 Story
Full Baths 4
Half Baths 1
Year Built 1901
Annual Tax Amount $9,948
Lot Size 0.260 Acres
Acres 0.26
Lot Dimensions 66X174.34
Property Sub-Type Multi-Family
Property Description
This offering presents a rare opportunity to acquire a three-unit residential income-producing asset on approximately 0.264 acres in the downtown Farmington corridor adjacent to commercial and office uses and evolving residential density. The property offers in-place income with significant long-term upside through redevelopment and assemblage potential, along with flexibility for a future parcel split, within one of Metro Detroit's most desirable suburban downtown districts. Located just west of downtown Farmington along Grand River Avenue, the property consists of one 1,769 square foot, two-story single-family rental home at 33614 Grand River Ave and one 1,183 square foot, single-story duplex situated directly behind at 33615/17 Adams Street. Both are the on the same parcel. 33614 features new carpet, hard wood floors, updated kitchen and bath, and basement foundation waterproofing. 33615/17 features updated bathrooms and kitchens, new hot water heater, and new roof (2021). Please do not disturb tenants.
Location
State MI
County Oakland
Area Farmington Hills (63231)
Zoning Residential
Rooms
Basement MI Basement
Interior
Heating Hot Water
Fireplace No
Exterior
Exterior Feature Wood
Building
Story 2 Story
Foundation Crawl
Water Public Water
Structure Type Wood
Schools
School District Farmington Public School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Forward Commercial Group
Nearby Locations
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