$195,000
( $59.82Per Sq Foot )
$1,047 est/mo Sourced by Back At You25846 W 7 Mile Road , Redford, MI 48240
Redford, MI 48240
Description
Prime mixed-use investment with 5 income-producing doors + billboard income! Three apartments (two studios & one 1-bed) offer below-market rents, providing great upside potential. Approx. 50 sq. ft. each, these units generate steady income. Two 800 sq. ft. commercial spaces rent for $800 each and can be combined into a 1,600 sq. ft. opportunity. Ideal for investors or owner-occupantslive/work potential or offset costs with rental income. Multiple income streams in a desirable locationdon't miss this value-add opportunity!
Details
| MLS# | 25008614 |
|---|---|
| Listing Type | For Sale |
| Style | Commercial |
| Sub-Type | Resale |
| Status | Active |
| Year | 1925 |
| Days On Site | 11 |
| Listing Provided By | Remerica Hometown One | Roy Hibbs |
Features
| Bath(s) | 6 Total |
|---|---|
| SQ Feet | 3,260 |
| Story(s) | 1 |
| Units | 5 |
| Building(s) | 1 |
| Acreage | 0.14 |
Market Activity 48240
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Learn More About This Property
| State | MI |
|---|---|
| County | Wayne |
| City | Redford |
| Zip Code | 48240 |
| Area | Wayne County 100 |
| Subarea | 100 |
| School District | Redford Union |
| Listing VS Median (In 48240) | |
Price: $195,000 low | high Med: $130,000 SqFt: 3,260 low | high Med: 903 $ / SqFt: $60 low | high Med: $144 On site: 11 low | high Med: 94.000000 | |
Listing Updated: March 19, 2025 at 9:13:36 AM PDT