2952 PRYNNE Street Active

Keego Harbor,MI 48320 1242

$ 500000

- Bed

5 Baths

3400 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,400 sqft

Price per Sqft $147

Subdivision Mi

MLS Listing ID 60393288

Style 1 Story

Full Baths 5

Year Built 1927

Annual Tax Amount $4,315

Lot Size 10,890 Sqft

Acres 0.25

Lot Dimensions 93 x 115

Property Sub-Type Multi-Family

Property Description

This is a fantastic opportunity to own this multi-tenant property with two buildings on two commercial lots, offering a total of five units. Ideal for investors seeking steady income and long-term value, the property is located in the West Bloomfield School District and is currently fully occupied. The property has been well-maintained, with replacements made as needed. Some units have newer flooring, and all have separate entrances. Each unit features its own thermostat, with the heating system set up in zones. The roof is under 10 years old, and new water heaters were installed in 2023. The standalone building includes a two-car garage attached in the back alleyway, currently utilized by the seller. There are a total of 10 individual parking spaces in addition to the two-car garage. The estimated total square footage for both buildings is 3,400 sq. ft., with two units approximately 1,000 sq. ft. each, one unit estimated at 600 sq. ft., and two more units estimated at 400 sq. ft. each. City rental certificates are current, and the buildings could be used for commercial purposes on the main floors, with private rentals in the upper and lower units. Keego Harbor is known as the heart of the lakes, and all tenants will have access to the two public beaches and eight parks throughout the city. Tenants will also have access to the West Bloomfield Trail along the town's southern boundary, offering scenic biking and walking opportunities. Keego Harbor features 15 retailers and a dozen restaurants within walking distance of the property, contributing to a vibrant community atmosphere. Please reach out with any questions or to schedule a tour. We look forward to helping you explore this fantastic investment opportunity.

Location

State MI

County Oakland

Area Keego Harbor (63181)

Interior

Heating Baseboard,Hot Water,Zoned Heating

Cooling Window Unit(s)

Fireplace No

Exterior

Exterior Feature Aluminum,Brick,Stone

Amenities Available Private Entry

Building

Story 1 Story

Foundation Slab

Water Public Water

Structure Type Aluminum,Brick,Stone

Schools

School District West Bloomfield School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional

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