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$1,985,000
Est. payment /mo
22 Baths
3.43 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Springfield Twp
Subdivision Springfield Twp
MLS Listing ID 20251009241
Year Built 1971
Annual Tax Amount $16,775
Lot Size 3.430 Acres
Acres 3.43
Lot Dimensions 285X525
Source Realcomp
Property Description
Hidden Valley Apartments consist of 22 units nestled in Davisburg, a town bordering Clarkston, MI. The property consists of 22 two bedroom one bath apartments, 750 square feet each. The property is currently 100% occupied grossing over $22,000 per month in gross revenue. There are three buildings for the 22 units on the property - all built in 1971. The property is on a private septic and sewer system - that is maintained by the current owner. This reduces the water burden cost on the tenant, as well as the landlord. The units are equipped with hot water baseboard heat, and tenants are allowed to bring an AC unit into their apartment. The units are individually metered for electric (tenant paid) and there is natural gas that is paid by the landlord. There is ample parking for the 22 units - the property sits on 3.4 acres.
Location
State MI
County Oakland
Area Oakland County - 70
Zoning Multi-Family
Direction Dixie and E Holly
Rooms
Basement Slab
Interior
Heating Baseboard, Hot Water
Exterior
View Y/N No
Building
Water Well
Structure Type Brick
Schools
School District Clarkston
Others
Tax ID 0703177006
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Greater Development LLC