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1776 2nd St
Wyandotte, MI 48192

Vick Apartments · Multifamily Property For Sale · 10 Units

PROPERTY FACTS

No. Units 10
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.12 AC
Building Size 7,580 SF
Average Occupancy 100%
No. Stories 2
Year Built 1924

About 1776 2nd St , Wyandotte, MI 48192

Vick Apartments is a low-rise building, constructed in 1924. The building contains 10-units, 8 one-bedroom, 1 two-bedroom and 1 three-bedroom units. Notable for investors is the occupancy which is currently at 100%, which is consistent with historical averages. Strong performance such as this can be attributed to the location, as Vick is less than a mile away from Henry Ford Hospital, Roosevelt High School, multiple parks and many big box retailers- providing tenants ample retail, educational, healthcare and entertainment opportunities that are close to home. Vick Apartments is outfitted with tenant-paid, gas-forced air furnaces and the electricity is separately metered. Vick has been well-maintained and this offering represents a turn-key investment for a multifamily investor.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 8 - -
2+1 1 - -
3+1 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
57-007-08-0057-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$208,400
  • Listing ID: 11005220

  • Date on Market: 12/18/2017

  • Last Updated:

  • Address: 1776 2nd St, Wyandotte, MI 48192

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