SQUARE FEET11,808
MLS#20261057007
STATUS(Short Sale) - Active
PROPERTY TYPECommercial - Business
SCHOOLRichmond
Property Description
Excellent investment opportunity in Richmond! Well-maintained 25 unit multi-family property offering strong income potential. Currently 100% occupied with a Net Operating Income (NOI) of $191,560. Conveniently located on Division Road with approximately 180 feet of road frontage and easy access to M-19 and surrounding communities. The property features spacious units, ample parking, and a large lot, providing an attractive opportunity for investors or owner-occupants. Financials available upon request. Schedule your private showing today. Seller is a licensed agent.
Property Features
Property Type: Commercial - Business
Basement: Yes
Basement: Sump Pump
Cooling: Wall Window Units
Heating: Baseboard, Wall Furnace
Lot Size: 1.57 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $38,697
Year Built: 1982
Feature Descriptions
Accessibility: AccessibleApproachWithRamp, AccessibleBedroom, AccessibleCentralLivingArea, AccessibleClosets, AccessibleCommonArea, AccessibleDoors, AccessibleEntrance, AccessibleHallways, AccessibleKitchen, AccessibleKitchenAppliances, CustomizedWheelchairAccessible, S
Building Features: Doors Under10ft, De Humidifier, E N E R G Y S T A R Qualified Windows, Gutter Guard System, Outside Lighting, Programmable Thermostat, Sidewalks
Days on Site: 8
Exterior: Vinyl Siding
Fencing: Fencing Allowed
Lot Dimensions: 278x308
Other Structures: Sheds
Parcel#: 50070601128031
Parking: Parking Lot, On Site
Parking Notes: Parking Lot, On Site
Security: Smoke Detectors
Sewer: Public Sewer
Summer Tax: 37695.12
Units: 25
Utilities: Above Ground Utilities
Water: Separate Meters
Winter Tax: 1001.94
Local Schools
School District: Richmond
Listed By / Shown By
Listed By
Agency Name: EXP Realty Main
Agency Phone: 8885017085
Shown By
Agent Name: Jennifer Swack
Agent Phone: (248) 733-3777
Agency Title: Key Realty
36984 Division Rd | MLS# 20261057007
This commercial property located at 36984 Division Rd, Richmond, Mi 48062 is currently listed for sale with an asking price of $2,680,000. Division Rd is located within the Richmond school district. Search Richmond real estate on jenniferswack.ikeyrealty.com today.