1000 Merton Rd | Detroit, MI 48203
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- LoopNet Team
1000 Merton Rd
Detroit, MI 48203
Merton Road · Multifamily Property For Sale · 20 Units
Investment Highlights
- 50% of occupancy are tenants with guaranteed agency rental payments
- Prime Location! Conveniently located by Palmer Park, grocers, restaurants, shopping, major freeways and bus line.
- Spacious 1 and 2 bedroom units - some with balconies.
PROPERTY FACTS
| No. Units | 20 | Building Size | 19,928 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1946 |
| Building Class | C | Parking Ratio | 0.75/1,000 SF |
| Lot Size | 0.43 AC |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 19,928 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1946 |
| Parking Ratio | 0.75/1,000 SF |
Unit Amenities
- Balcony
- Cable Ready
- Hardwood Floors
- Refrigerator
- Oven
- Range
- Carpet
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 700 |
| 2+1 | 8 | - | 900 |
PROPERTY TAXES
| Parcel Number | 02-0025623 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $508,400 |
PROPERTY TAXES
Parcel Number
02-0025623
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$508,400
zoning
| Zoning Code | R5 (Moderate Density Residential) |
| R5 (Moderate Density Residential) |
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