x
Golf Course
Address
631 Merton Road Detroit, MI
Price
$ 1,750,000
Property Attributes
  • MLS#218114404
  • TypeMulti-Family
  • CountyWAYNE
  • CityDetroit
  • AreaDet 6-8 Grfld-Dequindre
  • NeighborhoodMERRILL PALMER
  • Zip48203
  • StyleCommon Entry Building
  • Year Built1944
  • Taxes15958
  • Price$ 1,750,000
  • Bedrooms44
  • Full Bathrooms36
  • Half Bathrooms0
  • Sqr Footage26150
  • Lot Size1.3 Acres
Listing Provided Courtesy Of:
Real Estate One-Southfield
Property Description

Come one come all! Here is the perfect opportunity to own property in an up and coming part of the city. Presenting the Merton Place Apartments. 28 one bedroom units and 8 two bedroom units available. New roof, newer furnaces and over 1/2 of the apartments have been updated in the last 2 years. Located just a stones throw from Palmer Park and the golf course community. Easy access to Woodward and transportation. Just 15 minutes from downtown and a mere 5 to 10 minutes from the northern suburbs. Most of the units are rented. The vacant ones are in the process of being renovated. This will be a solid investment for any savvy entrepreneur. Properties like this one don't come available too often over here so call for your appointment today! 24 hour notice to show. All showings must be accompanied by a licensed realtor. No exceptions!

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/29/2018 Listed $1,800,000
4/2/2019 3% - $1,750,000

General Features

Cumulative Days on Market 206
Gross Scheduled Income 158400.00
Listing Agent Public Id 293908
Net Operating Income 123722.00
Originating MLS Realcomp II Ltd
Ownership Status Private Owned, Short Sale - No
Parcel Number W02I002550C5
Property Type Multifamily
Rent Includes Garbage Pickup, Water/Sewer, Yard Maintenance
School District Detroit
Short Sale No
Status Active
Subdivision Name MERRILL PALMER (ALSO PG 55 )
Terms Offered Cash, Conventional, Warranty Deed
Total Sq Ft 26150
Transaction Type Sale
Year Built 1944
Zoning Multi-Family

Interior Features

Basement Type Common
Basement Y/N Yes
Full Baths 36
Heating Forced Air, Separate Meters
Heating Fuel Natural Gas
Total Baths 36.00
Total Units 36
Unit Count 2

Exterior Features

Architecture Level 2 Story
Architecture Style Common Entry Building
Construction Materials Brick
Foundation Basement
Foundation Materials Poured
Lot Size Area 1.30
Lot Size Dimensions irregular
Sewer Sewer-Sanitary
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool



IDX provided courtesy of Realcomp II Ltd., via and The Originating MLS(found above), © 2019 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of June 24, 2019 4:46 PM. Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Zip Code Average in 48203

Price
AVG $270K
$1.75M
Taxes
AVG $3,037
$15,958
Visits
AVG 18
306
Year Built
AVG 1931
1944
Walkscore
AVG 57
54
Data Provided by Walkscore ® not using MLS data

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