BEDS0
BATHS4 full 1 partial
SQUARE FEET2,952
MLS#20261041198
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONAssrs 7 - City Of Farmington
SCHOOLFarmington
Property Description
This offering presents a rare opportunity to acquire a three-unit residential income-producing asset on approximately 0.264 acres in the downtown Farmington corridor adjacent to commercial and office uses and evolving residential density. The property offers in-place income with significant long-term upside through redevelopment and assemblage potential, along with flexibility for a future parcel split, within one of Metro Detroit’s most desirable suburban downtown districts. Located just west of downtown Farmington along Grand River Avenue, the property consists of one 1,769 square foot, two-story single-family rental home at 33614 Grand River Ave and one 1,183 square foot, single-story duplex situated directly behind at 33615/17 Adams Street. Both are the on the same parcel. 33614 features new carpet, hard wood floors, updated kitchen and bath, and basement foundation waterproofing. 33615/17 features updated bathrooms and kitchens, new hot water heater, and new roof (2021). Please do not disturb tenants.
Property Features
Property Type: Multi Unit - Multiple
Fuel Type: Natural Gas
Heating: Hot Water
Home Style: Colonial, Duplex, Ranch, Victorian
Lot Size: 0.26 Acres
Year Built: 1901
Feature Descriptions
Architecture: Colonial, Duplex, Ranch, Victorian
Exterior: Wood
Foundation: Crawl, Michigan Basement
Lot Dimensions: 0.26 Acre(s)
Road Frontage: Paved
Summer Tax: $7580.0000
Winter Tax: $2368.0000
Year Remoldeled: 2016
Local Schools
School District: Farmington
Listed By / Shown By
Listed By
Agency Name: Forward Commercial Group
Agency Phone: (248) 662-5066
Shown By
Agency Title: Griffith Realty
Agency Phone: 810-227-1016
Estimate Your Payment
Estimated Payment
$ 1,699.13 per month $1,502.26 Principal & Interest $0.00 Property Tax (data not provided by mls) $196.88 Homeowner's Insurance
33614 Grand River Avenue | MLS# 20261041198
This multi-family property located at 33614 Grand River Avenue , Farmington, MI 48335 is currently listed for sale with an asking price of $675,000. Grand River Avenue is located within the Farmington school district. Search Farmington real estate on www.griffithrealty.com today.