18250 Weaver Street

Multi-Family for Sale
Catylist Listing ID: 30563550
Number of Units: 40 Units
Building Size (RSF): 29,712 SF
Gross Building Area: See Agent
Sale Price: $349,000
Unit Price: $8,725 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 9/17/2020

Overview / Comments

VACANT 40 Unit apartment building. The building needs to be rebuilt. 3 Levels (lower level partially below grade). (8) 368 sq. ft. studio apartments. (29) 598 sq. ft. 1-bedroom apartments. (3) 785 sq. ft. 2-bedroom, 1-bath apartments. Common
laundry room. 30 Car on-site parking.

Financials

Finance Data Year 2019
Real Estate Taxes - Annual($) $17,668 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit W of Woodward
Tax ID/APN: 22068255-61
Zoning: PC
Property Located Between: Southfield & Plymouth Roads
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1969
Construction/Siding: Steel Frame
Exterior Description: Masonry
Total Parking Spaces: 30
Heat Type: Natural Gas

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,253 192,238 508,767
Median Age: 32.64 32.81 35.27
Households: 8,050 67,481 187,414
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