$ 474,900
-
$474,900
Price -
0.2
Acre
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About the Listing 426775 - 373949,469457
Exceptional investment opportunity featuring an 8-unit commercial property comprised of two separate buildings, each containing four fully leased units. 24821 and 24865 5 Mile Rd. This well-maintained asset offers immediate and stable cash flow with 90% occupancy and established tenants in place. The property is strategically configured with two standalone 4-unit buildings, providing operational flexibility, and ease of management. Each unit is designed to accommodate a variety of commercial uses, making the property attractive to a diverse tenant base. With strong rental income, and minimal vacancy risk, this turnkey investment is ideal for investors seeking dependable returns and long-term appreciation potential. New roof added on both buildings in June/26.The property's layout, tenant mix, and income-producing performance make it a valuable addition to any commercial real estate portfolio.
Listing Highlights
Interior Details
- Appliances:
- Air Cond:
- Heating: Forced Air,Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 3729
- Basement: Crawl,Slab
- Other: 1 Story,Forced Air
- Water: Public (Municipal),Water at Street
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 81.1X110
- Zoning: Commercial
- Roof: Asphalt,Other
- Others: Brick,Paved
- Sewer: Sewer (Sewer-Sanitary),Sewer at Street
Financial Details
- Tax Amount: $8,282
- Taxes w/Assessments: N/A
- Tax/Property ID: 79025040022006
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
24821 5 Mile Rd Redford Twp, MI 48239
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