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$ 3,175,000
Est. payment /mo
Active
230 Plymouth Road Plymouth, MI 48170 1449
16 Baths
13,913 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,913 sqft
Price per Sqft $228
Subdivision Mi
MLS Listing ID 61026648
Style 1 Story
Full Baths 16
Year Built 1964
Annual Tax Amount $32,409
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions 204.56X191
Property Sub-Type Multi-Family
Property Description
Turnkey 16-unit multifamily investment opportunity in Plymouth, MI. Built in 1964 and extensively renovated in 2024-2025 with updated flooring, cabinets, kitchens, appliances, and fixtures. Two brick buildings on a single parcel featuring four 1-bedroom/1-bath units (626 SF) and twelve 2-bedroom/1-bath units (676 SF). All units include in-unit washer/dryer, forced-air gas heat, and central air. Gas and electric are individually metered and tenant-paid; landlord covers water and trash. 25 on-site parking spaces. Currently approximately 97% occupied with strong rental history. Located in Plymouth's desirable submarket near top-rated Plymouth-Canton schools and predominantly owner-occupied single-family neighborhoods. An excellent stabilized cash-flow opportunity with upside potential.
Location
State MI
County Wayne
Area Plymouth (82013)
Zoning Multi-Family
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Story 1 Story
Foundation Slab
Water Public Water
Structure Type Brick
Schools
School District Plymouth Canton Comm Schools
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional

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Listed by Greater Development LLC
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