Thomas Harding
BEDS0
BATHS9 full
SQUARE FEET7,000
MLS#20261057305
STATUS(Short Sale) - Active
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONC B S H E R R A R D S U B
SCHOOLDetroit
Property Description
9-Unit Brick Asset | East Detroit / Grosse Pointe Park BorderAcquire at a Detroit basis with immediate Grosse Pointe Park demand. Located on a prominent hard corner (Vernor Hwy & Ashland St), this durable 1925 brick building offers a mid-repositioning opportunity with reliable cash flow and clear upside.Key Investment HighlightsFully Occupied: Stable, turn-key income in place today (6 of 9 units are Section 8).Prime Border Location: High visibility, strong traffic counts, and spillover demand from neighboring Grosse Pointe Park.Value-Add Upside: Mid-repositioning asset with significant opportunity to mark rents to market on turnover.Favorable Terms: Located in FEMA Flood Zone X (lower insurance costs, cleaner financing).Strategic Access: Minutes from Mack Ave retail, Alter Rd, and Downtown Detroit.East-side corridor assets this close to the Pointes move quickly.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partially Finished
Heating: Forced Air, Natural Gas
Home Style: Upper Lower Apartment
Lot Size: 0.07 Acres
Roof Type: Asphalt
Stories: 3.0
Taxes: $22,141
Year Built: 1925
Feature Descriptions
Days on Site: 10
Exterior: Brick
Lot Dimensions: 31.65X100
Parcel#: W21I062064S
Parking: On Street
Parking Notes: On Street
Pets Allowed: Yes
Sewer: Public Sewer
Summer Tax: 9998
Units: 9
Water: Public
Winter Tax: 12143
Local Schools
School District: Detroit
Listed By / Shown By
Listed By
Agency Name: Black Diamond Realty
Agency Phone: 3136123277
Shown By
Agent Name: Thomas Harding II
Agent Phone: (734) 812-6900
Agency Title: Key Realty
Estimate Your Payment
Estimated Payment
$ 5,964.85 per month $3,915.60 Principal & Interest $1,845.08 Property Tax $204.17 Homeowner's InsuranceChange Payment Information
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14800 E Vernor Highway | MLS# 20261057305
This multi-family property located at 14800 E Vernor Highway, Detroit, Mi 48215 is currently listed for sale with an asking price of $700,000. E Vernor Highway is located within the Detroit school district. Search Detroit real estate on thomasharding.ikeyrealty.com today.