Brighton, MI 48116 9588,10612 GRAND RIVER Road
Brighton, MI 48116 9588,10612 GRAND RIVER Road
Brighton, MI 48116 9588,10612 GRAND RIVER Road
14
$1,240,000
$1,400,000
11.4%
Est.Price: ?

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9 BA
7,382 SqFt

10612 GRAND RIVER Road Brighton, MI 48116 9588

Est. payment /mo
SOLD DATE : 08/26/2024

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Key Details

Sold Price $1,240,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,382 sqft

Price per Sqft $167

Subdivision Mi

MLS Listing ID 60321646

Sold Date 08/26/24

Style 2 Story

Full Baths 9

Year Built 1960

Annual Tax Amount $16,520

Lot Size 1.700 Acres

Acres 1.7

Lot Dimensions 168.00 x 440.00

Property Description

The ONE11 Residences – Brighton are located in Brighton, Michigan on Grand River Rd. The building consists of 9 apartment units with plenty of parking. The property is currently 100% occupied grossing over $10,325 per month. Of the 9 apartment units, eight of them are 2 bedroom 1 bath (740 square feet), and the other is a 1 bedroom 1 bath. All 9 units have been completely renovated from top to bottom in the past two years. The entire parking lot was redone last year with new asphalt, all new water heaters, freshly painted exterior, new lighting, signage, and addresses. There is plenty of parking which is included in the rent. Also included in the rent are newly built storage units in the lower level. The building heated through baseboard heat powered by a boiler, and the tenants have window AC units to keep the apartment cool in the summer. Landlord pays for water and heat, the tenant pays for electricity through the individually metered units. Landlord is reimbursed by Tenants for Gas & Water.

Location

State MI

County Livingston

Area Brighton Twp (47001)

Zoning Commercial

Rooms

Basement Block

Interior

Heating Baseboard, Electric Heat, Hot Water

Fireplace No

Exterior

Exterior Feature Brick

Waterfront No

Building

Story 2 Story

Foundation Basement

Water Public Water

Structure Type Brick

Schools

School District Brighton Area Schools

Others

Ownership Private

Energy Description Electric

Acceptable Financing Cash

Listing Terms Cash

Financing Cash,Conventional

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MI RealSource (Lenawee County/Saginaw Board/Southeastern Border/Greater Shiawassee)
Listed by Prime Real Estate Co, LLC
Bought with LPS

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Scott Clay

Broker/Owner | License ID: 6502432343

+1(989) 332-1712

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