13220-13264 Leroy Street

Southgate, Michigan 48195
Closed / MLS #20230012809 / Multiple Unit (2-4) / Southgate
Listing information updated 3/31/2023 at 12:05pm
Awesome Investment Opportunity. Note: Both parcels have been combined into this listing. A total of 16 units (1-two bedroom & 15 1-bedroom), 2 buildings, great location and well maintained with current annual gross income of $121k. Both buildings are brick and mostly maintenance free. Crawl space under one building and the other building is on a slab. All 16 units have been consistently rented over the years of ownership. The roofs on both buildings are around 10 years old. Total of 4 - 75 gallon HWT's. All apartments are furnished with a refrigerator, stove, furnace and built-in wall A/C. All tenants on separate meters for gas/electric and the owner pays the water. All tenants on a MTM 90-days after move-in date. No pets or smoking allowed. All units have front/rear private entrances. A total of 35 parking spots (each tenant has 2 spots) with additional parking on Leroy St.

Listing Office: Island Realty Inc

Listing Office Phone: 734.671.2280

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13220-13264 Leroy Street is a multiple unit (2-4) which sold for $1,150,000. 13220-13264 Leroy Street features 16 Beds, 16 Baths. This multiple unit (2-4) has been listed on @properties REMI since March 4th, 2023 and was built in 1968.