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    $842,000

  • Pending | MLS#: 218007277
  • 7,338Sq Ft
  • 0.10Acre

250 W MARGARET Street Highland Park, MI 48203

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Listing provided courtesy of: RE/MAX Dream Properties

Overview

THIS IS A PART OF PORTFOLIO OF PROPERTIES. A 14 UNIT APARTMENT BUILDING, 5 TWO FAMILY FLATS AND 2 SINGLE FAMILY HOUSES. ALL OF THE PROPERTY IS RENTED. COMBINED ANNUALIZED GROSS SCHEDULED RENTAL INCOME IS $222,540, ANNUAL COMBINED EXPENSES ARE $78,000. ALL PROPERTIES HAVE BEEN MAINTAINED. ALL PROPERTIES ARE ON THE EASTSIDE OF DETROIT. OWNER PAYS ALL UTILITIES IN THE APARTMENT BUILDING, TENANTS PAYS ELECTRIC AND GAS IN SOME OF THE RESIDENTIAL PROPERTIES, OWNER PAYS UTILITIES IN OTHERS. RESIDENTIAL PROPERTIES ARE LOCATED AT 14901-3 MAPLERIDGE, 8071-3 ROBINWOOD, 18655-7 GABLE, 15010 LAPPIN, 14774 WILFRED, 13625 DEAN AND 14101 E STATE FAIR.

General Features

  • County Or Parish Wayne
  • Settlement City
  • Subdivision GRIX HOME PARK (PLATS)
  • Commercial Type Apartments
  • Business Type Residential
  • Current Use apartments bldg, two families and single families
  • Lot Size Area 0.1
  • Zoning Multi-Family
  • Ownership Status Private Owned, Short Sale - No
  • Originating MLS Realcomp II Ltd
  • Year Built 1927
  • Sqft Total 7,338
  • Number Of Units Total 14
  • Operating Expense $78,000
  • Net Operating Expense $144,540
  • Gross Scheduled Income $222,540
  • Tax Amount - Summer 3695.0000
  • Tax Amount - Winter 534.0000

Building Features

  • Foundation Details Basement, Slab
  • Construction Materials Aluminum, Brick, Vinyl
  • Unit One Bed Number Of 10
  • Unit Two Bed Number Of 1

Property Features

  • Road Frontage Type Paved
  • Frontage Feet 42
  • Lot Size Dimensions 42.00X100.00
  • Water Source Municipal Water
  • Sewer Sewer-Sanitary

Schools

  • School District Detroit

 
Listing agent photo

Glen Brown

734-462-3600RE/MAX DREAM PROPERTIES

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Price & Status History

Days on Market

  • This property has been listed on the market for 139 days

Location

The property map location is: Accurate, based on Google's address match.
Listing agent photo

Glen Brown

734-462-3600RE/MAX DREAM PROPERTIES

Ask A Question

Community Demographics for Zip Code 48203 (Highland Park)

Housing Occupancy
  • Home Owners: 3,822 (26%)
  • Renters: 5,125 (34%)
  • Vacant: 5,984 (40%)
  • Total Housing Units: 14,931
Households
  • Average Household Size: 2.41
  • Housing Density (People per square mile): 2,781
Age Range (number of people)
  • Age 0-14: 5,168
  • Age 15-24: 3,138
  • Age 25-39: 4,648
  • Age 40-59: 5,470
  • Age 60-79: 3,178
  • Age 80+: 670
  • Total: 22,272

* All numbers in this section are 2016 projections provided by Geolytics Inc

School Information for 48203 (Highland Park)

Public Schools in Zip Code 48203 (Highland Park)

* This list of schools may not match the property above.

CAREER ACADEMY/ADULT EDUCATION GLENDALE AT SECOND AVE HIGHLAND PARK, MI 48203 Phone: 3139573007 9th-12th
Grade Size Distribution
  • 9th: 373
  • 10th: 350
  • 11th: 72
  • 12th: 97
School Population
  • Teachers: 20
  • Students per Teacher: 44.6
  • Students: 892
  • Male/Female: 440/452
School District
  • HIGHLAND PARK CITY SCHOOLS
  • 20 BARTLETT ST HIGHLAND PARK, MI 48203
  • Phone: 3139573000
District Population
  • Schools: 5
  • Full-Time Teachers: 154
  • Students per Teacher: 19.7
  • Staff: 354
  • Students: 3032
HIGHLAND PARK COMMUNITY H.S. 15900 WOODWARD AVE HIGHLAND PARK, MI 48203 Phone: 3139573001 9th-12th
Grade Size Distribution
  • 9th: 235
  • 10th: 423
  • 11th: 106
  • 12th: 162
School Population
  • Teachers: 47
  • Students per Teacher: 19.7
  • Students: 926
  • Male/Female: 470/456
School District
  • HIGHLAND PARK CITY SCHOOLS
  • 20 BARTLETT ST HIGHLAND PARK, MI 48203
  • Phone: 3139573000
District Population
  • Schools: 5
  • Full-Time Teachers: 154
  • Students per Teacher: 19.7
  • Staff: 354
  • Students: 3032
ACE ACADEMY (SDA) - CALUMET CENTER 330 GLENDALE ST HIGHLAND PARK, MI 48203 Phone: 3138688368 6th-12th
Grade Size Distribution
  • 6th: 1
  • 7th: 6
  • 8th: 5
  • 9th: 12
  • 10th: 27
  • 11th: 20
  • 12th: 13
School Population
  • Teachers: 6
  • Students per Teacher: 14.0
  • Students: 84
  • Male/Female: 83/0
School District
  • ACE ACADEMY (SDA)
  • 330 GLENDALE ST HIGHLAND PARK, MI 48203
  • Phone: 2485828100
District Population
  • Schools: 3
  • Full-Time Teachers: 11
  • Students per Teacher: 14.9
  • Staff: 18
  • Students: 164
ACE ACADEMY (SDA) - LINCOLN CENTER 1961 LINCOLN ST HIGHLAND PARK, MI 48203 Phone: 3138688368 6th-12th
Grade Size Distribution
  • 6th: 1
  • 7th: 1
  • 8th: 5
  • 9th: 12
  • 10th: 29
  • 11th: 26
  • 12th: 6
School Population
  • Teachers: 5
  • Students per Teacher: 16.0
  • Students: 80
  • Male/Female: 78/0
School District
  • ACE ACADEMY (SDA)
  • 330 GLENDALE ST HIGHLAND PARK, MI 48203
  • Phone: 2485828100
District Population
  • Schools: 3
  • Full-Time Teachers: 11
  • Students per Teacher: 14.9
  • Staff: 18
  • Students: 164
BARBER FOCUS SCH OF MATH SCI TEC 45 EAST BUENA VISTA ST HIGHLAND PARK, MI 48203 Phone: 3139573005 K-8th
Grade Size Distribution
  • Knd: 22
  • 1st: 36
  • 2nd: 32
  • 3rd: 48
  • 4th: 45
  • 5th: 34
  • 6th: 61
  • 7th: 76
  • 8th: 65
School Population
  • Teachers: 24
  • Students per Teacher: 17.5
  • Students: 419
  • Male/Female: 216/203
School District
  • HIGHLAND PARK CITY SCHOOLS
  • 20 BARTLETT ST HIGHLAND PARK, MI 48203
  • Phone: 3139573000
District Population
  • Schools: 5
  • Full-Time Teachers: 154
  • Students per Teacher: 19.7
  • Staff: 354
  • Students: 3032
BUSINESS ENTREPRENEURSHIP SCIENCE TECH. ACADEMY 200 HIGHLAND ST HIGHLAND PARK, MI 48203 Phone: 3138691000 K-8th
Grade Size Distribution
  • Knd: 52
  • 1st: 59
  • 2nd: 55
  • 3rd: 66
  • 4th: 59
  • 5th: 48
  • 6th: 57
  • 7th: 61
  • 8th: 44
School Population
  • Teachers: 23
  • Students per Teacher: 21.8
  • Students: 501
  • Male/Female: 263/236
School District
  • BUSINESS ENTREPRENEURSHIP SCIENCE TECH. ACADEMY
  • 200 HIGHLAND ST HIGHLAND PARK, MI 48203
  • Phone: 3138691000
District Population
  • Schools: 1
  • Full-Time Teachers: 23
  • Students per Teacher: 22.5
  • Staff: 50
  • Students: 517
CORTLAND ELEMENTARY SCHOOL 138 CORTLAND ST HIGHLAND PARK, MI 48203 Phone: 3139573003 K-5th
Grade Size Distribution
  • Knd: 22
  • 1st: 37
  • 2nd: 40
  • 3rd: 29
  • 4th: 36
  • 5th: 31
School Population
  • Teachers: 27
  • Students per Teacher: 7.2
  • Students: 195
  • Male/Female: 104/91
School District
  • HIGHLAND PARK CITY SCHOOLS
  • 20 BARTLETT ST HIGHLAND PARK, MI 48203
  • Phone: 3139573000
District Population
  • Schools: 5
  • Full-Time Teachers: 154
  • Students per Teacher: 19.7
  • Staff: 354
  • Students: 3032
FORD ACAD. FOR COMM/PERF ARTS 131 PILGRIM ST HIGHLAND PARK, MI 48203 Phone: 3139573004 K-8th
Grade Size Distribution
  • Knd: 39
  • 1st: 45
  • 2nd: 44
  • 3rd: 33
  • 4th: 30
  • 5th: 45
  • 6th: 52
  • 7th: 66
  • 8th: 70
School Population
  • Teachers: 35
  • Students per Teacher: 12.1
  • Students: 424
  • Male/Female: 208/215
School District
  • HIGHLAND PARK CITY SCHOOLS
  • 20 BARTLETT ST HIGHLAND PARK, MI 48203
  • Phone: 3139573000
District Population
  • Schools: 5
  • Full-Time Teachers: 154
  • Students per Teacher: 19.7
  • Staff: 354
  • Students: 3032
GEORGE WASHINGTON CARVER ACADEMY 14510 2ND AVE HIGHLAND PARK, MI 48203 Phone: 3138656024 K-8th
Grade Size Distribution
  • Knd: 55
  • 1st: 46
  • 2nd: 67
  • 3rd: 58
  • 4th: 57
  • 5th: 69
  • 6th: 58
  • 7th: 58
  • 8th: 74
School Population
  • Teachers: 33
  • Students per Teacher: 16.4
  • Students: 542
  • Male/Female: 284/258
School District
  • GEORGE WASHINGTON CARVER ACADEMY
  • 14510 2ND AVE HIGHLAND PARK, MI 48203
  • Phone: 3138656024
District Population
  • Schools: 1
  • Full-Time Teachers: 33
  • Students per Teacher: 16.4
  • Staff: 61
  • Students: 542
GREENFIELD UNION ELEMENTARY SCHOOL 420 WEST 7 MILE RD HIGHLAND PARK, MI 48203 Phone: 3138662999 K-8th
Grade Size Distribution
  • Knd: 61
  • 1st: 57
  • 2nd: 67
  • 3rd: 55
  • 4th: 56
  • 5th: 62
  • 6th: 50
  • 7th: 55
  • 8th: 61
School Population
  • Teachers: 30
  • Students per Teacher: 17.5
  • Students: 525
  • Male/Female: 267/258
School District
  • DETROIT CITY SCHOOL DISTRICT
  • 3011 WEST GRAND BLVD DETROIT, MI 48202
  • Phone: 3138737450
District Population
  • Schools: 199
  • Full-Time Teachers: 5953
  • Students per Teacher: 16.4
  • Staff: 13837
  • Students: 94907
MARSHALL JOHN ELEMENTARY SCHOOL 1255 EAST STATE FAIR HIGHLAND PARK, MI 48203 Phone: 3138667711 K-5th
Grade Size Distribution
  • Knd: 70
  • 1st: 72
  • 2nd: 67
  • 3rd: 69
  • 4th: 70
  • 5th: 60
School Population
  • Teachers: 27
  • Students per Teacher: 15.3
  • Students: 412
  • Male/Female: 232/180
School District
  • DETROIT CITY SCHOOL DISTRICT
  • 3011 WEST GRAND BLVD DETROIT, MI 48202
  • Phone: 3138737450
District Population
  • Schools: 199
  • Full-Time Teachers: 5953
  • Students per Teacher: 16.4
  • Staff: 13837
  • Students: 94907
NOLAN ELEMENTARY SCHOOL 1150 EAST LANTZ ST HIGHLAND PARK, MI 48203 Phone: 3138667730 K-8th
Grade Size Distribution
  • Knd: 30
  • 1st: 40
  • 2nd: 28
  • 3rd: 39
  • 4th: 33
  • 5th: 48
  • 6th: 140
  • 7th: 141
  • 8th: 117
School Population
  • Teachers: 35
  • Students per Teacher: 17.9
  • Students: 626
  • Male/Female: 341/285
School District
  • DETROIT CITY SCHOOL DISTRICT
  • 3011 WEST GRAND BLVD DETROIT, MI 48202
  • Phone: 3138737450
District Population
  • Schools: 199
  • Full-Time Teachers: 5953
  • Students per Teacher: 16.4
  • Staff: 13837
  • Students: 94907
NORTHPOINTE ACADEMY 53 CANDLER ST HIGHLAND PARK, MI 48203 Phone: 3136562622 K-8th
Grade Size Distribution
  • Knd: 28
  • 1st: 36
  • 2nd: 36
  • 3rd: 52
  • 4th: 28
  • 5th: 28
  • 6th: 29
  • 7th: 32
  • 8th: 32
School Population
  • Teachers: 19
  • Students per Teacher: 15.8
  • Students: 301
  • Male/Female: 155/146
School District
  • NORTHPOINTE ACADEMY
  • 53 CANDLER ST HIGHLAND PARK, MI 48203
  • Phone: 3136562600
District Population
  • Schools: 1
  • Full-Time Teachers: 19
  • Students per Teacher: 15.8
  • Staff: 29
  • Students: 301

Private Schools in Zip Code 48203 (Highland Park)

* This list of schools may not match the property above.

CHILD DEVELOPMENT CENTER 16431 JOSLYN Highland Park, MI 48203 Phone: 3138647096 PreK-K
Grade Size Distribution
  • PreK: 8
  • Knd: 2
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 10
CHILDREN'S KINGDOM HIGHLAND PARK, MI 48203 Phone: 3138655350 PreK-K
Grade Size Distribution
  • PreK: 70
  • Knd: 15
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 85
HIGHLAND PARK LITTLE ANGELS 16247 HAMILTON Highland Park, MI 48203 Phone: 3138642525 PreK-K
Grade Size Distribution
  • PreK: 18
  • Knd: 28
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 46
ST. BENEDICT ELEMENTARY SCHOOL 53 Candler Ave Highland Park, MI 48203 Phone: 3138687502 PreK-8th
Grade Size Distribution
  • Ungrd: 21
  • PreK: 20
  • Knd: 21
  • 1st: 17
  • 2nd: 25
  • 3rd: 27
  • 4th: 27
  • 5th: 27
  • 6th: 21
  • 7th: 23
  • 8th: 18
School Population
  • Teachers: 0
  • Students per Teacher: N/A
  • Students: 247

* School data provided by US Department of Education


Listing information is provided through IDX through RealComp II Ltd. All information is deemed reliable but is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2018 Realcomp II Ltd. Shareholders.


* Rates and payment information listed in the mortgage calculator are provided as for general reference only. Specific mortgage information should be verified with a qualified lending professional