2154 Hyde Park Rd | Detroit, MI 48207
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- LoopNet Team
2154 Hyde Park Rd
Detroit, MI 48207
Village of Hyde Park · Multifamily Property For Sale
·
43 Units
INVESTMENT HIGHLIGHTS
- Opportunity to Obtain New Financing or Assume Current Fannie Mae Loan Locked in at 3.39%
- Two Story 2 Bed 1.5 Bath 1,500 SF Townhome Style Units
- Proven In Place Unit Upgrade Plan Achieving $300-$350 per unit Rent Premiums
- Potential Condo Conversion: Comparable Condo’s selling for $240,000-$280,000 per unit
PROPERTY FACTS
| No. Units | 43 | Lot Size | 2.52 AC |
| Property Type | Multifamily | Building Size | 45,354 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | C | Parking Ratio | 0.96/1,000 SF |
| Zoning | R6 | ||
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 2.52 AC |
| Building Size | 45,354 SF |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 0.96/1,000 SF |
| Zoning | R6 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Granite Countertops
- High Speed Internet Access
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Basement
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 43 | - | 1,500 |
PROPERTY TAXES
| Parcel Number | 09-000996 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,955,900 |
PROPERTY TAXES
Parcel Number
09-000996
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,955,900
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