This Multifamily Property is no longer advertised on LoopNet.com.

16555 Schaefer Hwy
Detroit, MI 48235
Multifamily Property For Sale · 22 Units

Investment Highlights

  • Seller Financing Available - Land Contract Opportunity
  • Opportunity to Increase Rental & Other Income
  • Hardwood Floors, Refrigerator, Stove

Property Facts

No. Units 22
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.41 AC
Building Size 46,940 SF
Average Occupancy 73%
No. Stories 2
Year Built/Renovated 1962/2018
Parking Ratio 0.42/1,000 SF
Zoning Multi-Family

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 10 - 650 - 700
1+2 10 - 650
2+2 2 - 950

Property Taxes

Property Taxes

Parcel Number
22-030691-700
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$515,200
  • Listing ID: 29510098

  • Date on Market: 9/13/2023

  • Last Updated:

  • Address: 16555 Schaefer Hwy, Detroit, MI 48235

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