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1776 2nd St
Wyandotte, MI 48192
Vick Apartments · Multifamily Property For Sale · 10 Units
PROPERTY FACTS
No. Units | 10 | Lot Size | 0.12 AC |
Property Type | Multifamily | Building Size | 7,580 SF |
Property Subtype | Apartment | Average Occupancy | 100% |
Apartment Style | Low Rise | No. Stories | 2 |
Building Class | C | Year Built | 1924 |
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
Parcel Number | 57-007-08-0057-002 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $208,400 |
PROPERTY TAXES
Learn More About Investing in Apartment Buildings
Listing ID: 11005220
Date on Market: 12/18/2017
Last Updated:
Address: 1776 2nd St, Wyandotte, MI 48192
The Multifamily Property at 1776 2nd St, Wyandotte, MI 48192 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.