See all 29 photos
$1,200,000
Est. payment /mo
9 Baths
0.31 Acres Lot
New
1010 Laprairie Street Ferndale, MI 48220
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Ferndale City
Subdivision Ferndale City
MLS Listing ID 20251016822
Year Built 1955
Annual Tax Amount $14,034
Lot Size 0.310 Acres
Acres 0.31
Lot Dimensions Irregular
Source Realcomp
Property Description
Well-maintained 9 unit apartment complex with excellent occupancy. Owned by a single owner for over 25 years. With 100% classic units, the property offers significant upside through unit renovations and operational improvements. Seller financing is not offered. Unit Mix: 8 - 1BED 1BA, 1 - 2BED 1 BA. Full offering memorandum available upon request, signed CA required.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Multi-Family
Direction West of Woodward on W. Marshall St.
Rooms
Basement Slab
Interior
Heating Forced Air
Cooling Wall Unit(s)
Exterior
View Y/N No
Building
Sewer Public
Structure Type Brick
Schools
School District Ferndale
Others
Tax ID 2534178019
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by OakPointe Real Estate Advisors