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24290 FARMINGTON Road $800,000

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24290 FARMINGTON Road FARMINGTON HILLS, MI 48336

  • 4,000 sq.ft.
  • 0.89 Acres
  • Commercial
MLS# 219047796 | Active

$800,000

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Days On Market: 92 0 Views
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Property Details

4% Commission to Realtors/Brokers- FANTASTIC BUSiNESS- CASH COW! $193,000 PROFIT/YR - CAN GROW INCOME 80% MORE. SIX SENIOR CARE RESIDENTS now - CAN EXPAND TO 10! STATE CERTIFIED. FIVE BEDROOMS, 3 HALF/2 FULL BATHROOMS. Two Additional Bedrooms, Kitchen and Living Room in Beautiful Finished Basement. REMODELED/EXPANDED 2017. Over 4,000.00 sq feet. WILL SELL QUICKLY. LICENSED AGENT MUST BE PRESENT AT ALL SHOWINGS.

  • General Features
    • County Or Parish Oakland
    • Settlement City
    • Commercial Type Business And Real Estate
    • Business Type Medical
    • Current Use ASSISTED LIVING
    • Lot Size Area 0.89
    • Zoning Residential
    • Ownership Status Private Owned, Short Sale - No
    • Originating MLS Realcomp II Ltd
    • Year Built 1959
    • Year Remodeled 2017
    • Sqft Total 4,000
    • Number Of Units Total 1
    • Operating Expense $106,800
    • Net Operating Expense $193,200
    • Gross Scheduled Income $300,000
    • Tax Amount - Summer 3148.0000
    • Tax Amount - Winter 752.0000
  • Building Features
    • Foundation Details Basement
    • Construction Materials Brick
    • Sqft Office 0
    • Plant Heating Central Air
    • Unit Two Bed Number Of 1
  • Property Features
    • Commercial Utilities Cable TV, Handicap Access, Humidifier, Smoke Alarm
    • Road Frontage Type Paved
    • Frontage Feet 396
    • Lot Size Dimensions 97X396.38
    • Water Source Municipal Water
    • Sewer Sewer at Street
  • Schools
    • School District Farmington

Contact

Peggy Collins

Sales Associate

RE/MAX Classic

Cell: 248-787-5192

Neighborhood

48336 (FARMINGTON HILLS) Demographics

42Median Age
2,939Population Density (per sq. mile)
48%College Educated
$55,660 Estimated Median Income
7,452Estimated Total Home Owners
3,693Estimated Total Renters
67% / 33%Estimated Owner / Renter Divide
2Estimated Average Household Size
26,716Total Population
Community data courtesy of LiveBy, Inc.

Market Last 30 Days

$387,000 Median Sales Price
1 Homes Sold
61 New On Market

Average Days on Market

    Properties for Sale

      Property History

      Date Event Price Percent Change
      -- Current Price Source New Value: $800,000
      5/21/2019 4:43:00 PM New in Database Source

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      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 2019 Realcomp II Ltd. Shareholders.