9
See all 9 photos
$2,000,000
Est. payment /mo
16 Baths
12,192 SqFt
New
1241 E WOODWARD HEIGHTS Boulevard Hazel Park, MI 48030 1557
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 12,192 sqft
Price per Sqft $164
Subdivision Mi
MLS Listing ID 61012778
Style 2 Story
Full Baths 16
Year Built 2019
Annual Tax Amount $45,847
Lot Size 0.500 Acres
Acres 0.5
Lot Dimensions 151x151
Property Sub-Type Multi-Family
Property Description
Steeple Chase (1241 & 1251 E. Woodward Heights Blvd., Hazel Park, MI, 48030) offers an exceptional investment opportunity in a newly constructed 18-unit multifamily community located in Southeast Oakland County, one of Michigan's fastest-growing submarkets. This property provides a significant opportunity for investors to establish a presence in the desirable Southeast Michigan market. The property features four contemporary two-bedroom, two-bath floor plans, each offering over 1,300 SF of living space and an attached one-car garage. Units include a modern kitchen with premium cabinetry and granite countertops, spacious baths, and luxury flooring. Select units feature a spiral staircase leading to a master bedroom in a two-story townhome design. Situated in Hazel Park, Steeple Chase offers immediate access to Metro Detroit via I-75 and I-696 and is less than two miles from downtown Ferndale, known for its vibrant lifestyle and family-friendly atmosphere. The nearby Amazon Fulfillment facility serves as a major employment hub, enhancing the property's appeal. Hazel Park, with its unique small-town charm and urban setting, is home to over 16,000 residents. Its friendly neighborhoods and local shops make it a great place to live, work, and invest. Steeple Chase promises strong long-term cash flow prospects once stabilized, making it a high-performing multifamily investment.
Location
State MI
County Oakland
Area Hazel Park (63257)
Zoning Multi-Family
Interior
Heating Forced Air
Cooling Central A/C
Fireplace No
Exterior
Exterior Feature Vinyl Siding
Building
Story 2 Story
Foundation Slab
Water Public Water
Structure Type Vinyl Siding
Schools
School District Hazel Park City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by RLB Realty Limited LLC
Nearby Locations
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