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Price Reduction - Golf Course
Address
631 Merton Rd Highland Park, MI
Price
$ 1,750,000
Property Attributes
  • MLS#21531819
  • TypeMulti-Family
  • CountyWAYNE
  • CityHighland Park
  • AreaDetroit
  • NeighborhoodDetroit
  • Zip48203
  • Style
  • Year Built1944
  • Taxes15958
  • Price$ 1,750,000
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms6
  • Sqr Footage26150
  • Lot Size1.3 Acres
Listing Provided Courtesy Of:
Real Estate One-Southfield
Property Description

Come one come all! Here is the perfect opportunity to own property in an up and coming part of the city. Presenting the Merton Place Apartments. 28 one bedroom units and 8 two bedroom units available. New roof, newer furnaces and over 1/2 of the apartments have been updated in the last 2 years. Located just a stones throw from Palmer Park and the golf course community. Easy access to Woodward and transportation. Just 15 minutes from downtown and a mere 5 to 10 minutes from the northern suburbs. Most of the units are rented. The vacant ones are in the process of being renovated. This will be a solid investment for any savvy entrepreneur. Properties like this one don't come available too often over here so call for your appointment today! 24 hour notice to show. All showings must be accompanied by a licensed realtor. No exceptions!

Elementary School Middle School High School
Unknown Elementary School Unknown Middle School Unknown High School
Price History
11/30/2018 Listed $1,800,000
4/2/2019 3% - $1,750,000

General Features

Bathrooms 9
Class MULTIFAMILY
Directions Mcnichols east to Merton go north
Financial Terms Cash, Conventional
Legal Description S MERTON 160-148 MERRILL-PALMER SUB L45 P54-5 PLATS, W C R 2/152 457.05 IRREG
Listing Area Detroit (6-8/Grenfld-Dequindr)
Listing Status Active
Municipality Detroit
Originating Mls RealComp
Ownership Private
School District Detroit City School District
Source Mls MI Real Source
Status Active
Subdivision MERRILL PALMER (ALSO PG 55 )
Subj To Short Sale Apprvl No
Type Multi-Family
Year Built 1944
Zoning Multi-Family

Interior Features

Basement Common
Fireplace? No
Fuel Type Natural Gas
Full Baths 3
Half Baths 6
Heating Forced Air
Total Number of Units 36
Water Heater Gas

Exterior Features

Exterior Brick
Foundation Type Basement
Lot Description Sidewalks
Lot Dimensions irregular
Lot Size Area 1.3
Parking On Street
Roads Paved Street
Sewer Septic Public Sanitary
Structure Style 2 Story
Water Public Water
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 48203

Price
AVG $520K
$1.75M
Taxes
AVG $5,566
$15,958
Visits
AVG 14
45
Year Built
AVG 1936
1944
Walkscore
AVG 57
54
Data Provided by Walkscore ® not using MLS data