23214 Deanhurst StClinton Township, MI 48035

  • Commercial real estate
  • 0.71 AC
For Sale
$1,299,900 View listing

Property Details for 23214 Deanhurst St

Lot size
0.71 AC
Zone code
RML
Property type
Commercial real estate
APN
16-11-35-404-068
APU
161135404068

Description

This exceptional 12-unit apartment building, located at 23214 Deanhurst St in Clinton Township, Michigan, presents a lucrative investment opportunity. Boasting a total of 9,660 square feet, this ten-story building sits on a 0.71-acre lot and offers ample parking with 100 spaces. Constructed in 1965 and extensively renovated in 2024, the property is in excellent condition. Each of the twelve units is a one-bedroom apartment, featuring updated kitchens and bathrooms, new flooring, and upgraded heating systems. The entire building has been freshly painted and meticulously maintained. The property is zoned for multi-family use, ensuring its continued viability as a rental property. The asking price is $1,299,900. The property's APN is 1135404068. This is a turnkey investment, ready for immediate income generation. Given the recent renovations and strong rental demand in the area, this property offers a compelling return on investment. Serious inquiries only; please schedule showings with respect for current tenants' privacy. Located in Macomb County, Michigan, with a zip code of 48035, this property benefits from a convenient location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $7,331,635
    Hospitality
    $6,715,738
    Educational
    $5,587,416
    Medical
    $5,779,575
    Retail
    $8,691,535

Location Insight

City
Clinton Township
County
Macomb
State
Michigan
Latitude
42.545
Longitude
-82.8771
CBSA code
19820
CBSA name
DETROIT-WARREN-LIVONIA, MI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$14,616
-
-
$267,400
-
-
-
$534,800

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