Great investment opportunity to buy a FULLY OCCUPIED 8 unit apartment building! 6 two bedroom, 2 one bedroom units. Total rents currently $7272.00 monthly with plenty of room for increase. New roof in 2017, Furnace and AC in 2016, Vinyl windows, Coin operated washer and dryer included for extra added income. Great management company already in place. Must provide proof of funds to kirsten@reservemgmtco.com to request a showing with listing agent. Showing OF 1 OCCUPIED unit scheduled for SATURDAY MAY 18th 2-3 pm BY APPOINTMENT ONLY, WITH LISTING AGENT BATVAI
Sold
$715,000
18225 Racho Rd, Brownstown, MI 48193
3beds
2baths
--sqft
5+ Units
Built in 1976
-- sqft lot
$756,700 Zestimate®
$--/sqft
$1,537 Estimated rent
Home value
$756,700
$673,000 - $848,000
$1,537/mo
Zestimate® history
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$1,537/mo
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$4,851/mo
Est. payment
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Est. payment
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List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: February 03, 2025 at 10:22am
Listed by:
Kirsten Smitham 248-897-5447,
Reserve Management Company
Bought with:
Kirsten Smitham, 6501445395
Reserve Management Company
Source: MichRIC,MLS#: 24024428
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Laundry: Common Area
Features
- Basement: Slab
Property
Parking
- Total spaces: 15
- Parking features: Paved
Lot
- Size: 0.74 Acres
- Dimensions: 117 x 270
- Features: Wooded
Details
- Parcel number: 70005010015001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Units
Materials
- Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Utilities for property: Cable Available, Natural Gas Connected, Electricity Connected
Community & neighborhood
Location
- Region: Brownstown
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/3/2025 | Sold | $715,000-8.3% |
Source:  MichRIC #24024428 Report a problem | ||
| 7/19/2024 | Pending sale | $780,000 |
Source: MichRIC #24024428 Report a problem | ||
| 6/3/2024 | Price change | $780,000-2.5% |
Source: MichRIC #24024428 Report a problem | ||
| 5/16/2024 | Listed for sale | $800,000+42.9% |
Source: MichRIC #24024428 Report a problem | ||
| 8/10/2020 | Sold | $560,000 |
Source:  MiRealSource #50008658 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 48193
Nearby schools
GreatSchools rating
- 5/10Gudith Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 5/10Brownstown Middle SchoolGrades: 6-7Distance: 3 mi
- 8/10Woodhaven High SchoolGrades: 10-12Distance: 3.8 mi
Get a cash offer in 3 minutes
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Estimated market value
$756,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$756,700
- Michigan
- Wayne County
- Brownstown
- 48193
- 18225 Racho Rd