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: 30 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

    Michael Jonna

    Sales Associate

    RE/MAX Nexus

    Mobile Phone: 248-444-3099

    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

    $213,306 Median Sales Price
    2 Homes Sold
    73 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.