$250,000 Sold
5020 chicago road, warren, MI 48092
Property Description
Rare Find! Builders, Developers, and Investors will be pleased to find this 3 unit multi-family property. 1 unit has been finished (approx. 1600 sq. ft). This property is a blank slate, the unfinished lower unit has an approx. 1400 sq. ft and unfinished second level unit has an approx. 1800-2000 sq. ft. The final finishes are up to you! The attached garage is connected to all 3 units with an approximate total of 1750 sq. ft. There is enough parking for 6 or more vehicles. Great opportunity for investment. Projected rent for all 3 units estimated at $5,000 total per month. 24-hour notice for showings and no evening appointments due to lighting in unfinished units. Currently Approved as a 2 unit, will need city approval for 3rd unit.
General Information
Sold Price: $250,000
Price/SqFt: $156
Status: Sold
Date Sold: 03/10/2021
MLS#: rcomi2210002725
City: warren
Post Office: warren
Schools: warren con
County: Macomb
Subdivision: assessors addition
Acres: 0.46
Lot Dimensions: 116.00X172.00
Bedrooms:3
Bathrooms:3 (2 full, 1 half)
House Size: 1,600 sq.ft.
Acreage: 0.46 est.
Year Built: 1946
Property Type: Single Family
Style: Loft
Features & Room Sizes
Paved Road: Paved
Garage: 4 Car
Garage Description: Attached
Construction: Stone,Vinyl
Exterior: Stone,Vinyl
Exterior Misc: Fenced
Garage: 4 Car
Garage Description: Attached
Construction: Stone,Vinyl
Exterior: Stone,Vinyl
Exterior Misc: Fenced
Basement: No
Foundation : Slab
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Foundation : Slab
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $4,497
Est. Winter Taxes: $132
Est. Summer Taxes: $4,497
Est. Winter Taxes: $132
Legal Description: ASSESSORS ADDITION BLOCK 2 PART OF LOT 3 DESC AS BEG AT NW COR LOT 3; TH N88*42'30"E 116.10 FT ALG N LOT LINE; TH S0*30'20"E 172.0 FT; TH S88*- 42'30"W 115.88 FT; TH N0*34'- 30"W 172.0 FT ALG W LOT LINE TO POB.
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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Wendi L Miller of KW Domain
