$1,400,000
For Sale

10612 GRAND RIVER ROAD

Brighton, MI 48116
7382 sqft | 9 baths | #20240048782
Browse 14 photos
Type:Multi-Family
Structure:House
Zone:Residential

Description

The ONE11 Residences – Brighton are located in Brighton, Michigan on Grand River Rd. The building consists of 9 apartment units with plenty of parking. The property is currently 100% occupied grossing over $10,325 per month. Of the 9 apartment units, eight of them are 2 bedroom 1 bath (740 square feet), and the other is a 1 bedroom 1 bath. All 9 units have been completely renovated from top to bottom in the past two years. The entire parking lot was redone last year with new asphalt, all new water heaters, freshly painted exterior, new lighting, signage, and addresses. There is plenty of parking which is included in the rent. Also included in the rent are newly built storage units in the lower level. The building heated through baseboard heat powered by a boiler, and the tenants have window AC units to keep the apartment cool in the summer. Landlord pays for water and heat, the tenant pays for electricity through the individually metered units. Landlord is reimbursed by Tenants for Gas & Water.

  • Interior Details
      • HeatingBaseboard, Hot Water
    • Beds & Baths
      • Total Baths9.00
      • Bathrooms9
      • Full Baths9
  • Property Details
      • Square Feet7382
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1960
  • Community and Neighborhood Details
      • RegionBrighton Twp
      • CountyLivingston
      • ZoningCommercial
      • School DistrictBrighton
  • Financial Details
      • Original List Price$1,400,000
  • Other
      • MLS #20240048782

Location

Jamila FelderReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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