$250,000 Sold
5020 chicago road, warren, MI 48092
Property Description
Rare Find! Builders, Developers, and Investors will be pleased to find this 3 unit multi-family property. 1 unit has been finished (approx. 1600 sq. ft). This property is a blank slate, the unfinished lower unit has an approx. 1400 sq. ft and unfinished second level unit has an approx. 1800-2000 sq. ft. The final finishes are up to you! The attached garage is connected to all 3 units with an approximate total of 1750 sq. ft. There is enough parking for 6 or more vehicles. Great opportunity for investment. Projected rent for all 3 units estimated at $5,000 total per month. 24-hour notice for showings and no evening appointments due to lighting in unfinished units. Currently Approved as a 2 unit, will need city approval for 3rd unit.
General Information
Sold Price: $250,000
Price/SqFt: $156
Status: Sold
Date Sold: 03/10/2021
MLS#: 2210002725
City: warren
Post Office: warren
Schools: warren con
County: Macomb
Subdivision: assessors addition
Acres: 0.46
Lot Dimensions: 116.00X172.00
Bedrooms:3
Bathrooms:3 (2 full, 1 half)
House Size: 1,600 sq.ft.
Acreage: 0.46 est.
Year Built: 1946
Property Type: Single Family
Style: Loft
Features & Room Sizes
Paved Road: Paved
Garage: 4 Car
Garage Description: Attached
Construction: Stone,Vinyl
Exterior: Stone, Vinyl
Exterior Misc: Fenced
Garage: 4 Car
Garage Description: Attached
Construction: Stone,Vinyl
Exterior: Stone, Vinyl
Exterior Misc: Fenced
Basement: No
Foundation : Slab
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Foundation : Slab
Cooling: Central Air
Heating: Forced Air
Fuel: Natural Gas
Waste: Public Sewer (Sewer-Sanitary)
Watersource: Public (Municipal)
Tax, Fees & Legal
Home warranty: No
Est. Summer Taxes: $4,497
Est. Winter Taxes: $132
Est. Summer Taxes: $4,497
Est. Winter Taxes: $132
HOA fees: 0
Legal Description: ASSESSORS ADDITION BLOCK 2 PART OF LOT 3 DESC AS BEG AT NW COR LOT 3; TH N88*42'30"E 116.10 FT ALG N LOT LINE; TH S0*30'20"E 172.0 FT; TH S88*- 42'30"W 115.88 FT; TH N0*34'- 30"W 172.0 FT ALG W LOT LINE TO POB.
Legal Description: ASSESSORS ADDITION BLOCK 2 PART OF LOT 3 DESC AS BEG AT NW COR LOT 3; TH N88*42'30"E 116.10 FT ALG N LOT LINE; TH S0*30'20"E 172.0 FT; TH S88*- 42'30"W 115.88 FT; TH N0*34'- 30"W 172.0 FT ALG W LOT LINE TO POB.
IDX provided courtesy of Realcomp II Ltd. via American Associates, Inc. REALTORS and Realcomp II Ltd, ©2024 Realcomp II Ltd. Shareholders Listing By: Wendi L Miller of KW Domain, Phone: (248) 590-0800
