100% occupied & performing 3-unit mixed-use building with long term tenants. Newer roof on the entire building and newer furnace & A/C. Other commercial unit and residential unit are on a boiler, which was recently serviced. Commercial units are occupied by a child care center and gym/dance studio. Gym unit is equipped for a commercial kitchen, including fire suppression & vent hood. Rent abatement totals $750/mo through 12/1 due to COVID-related business closure bringing total rent to $4,000, but tenants are current and are open to extending past 12/1 lease expiration. To limit exposure, a showing will be scheduled after executed purchase agreement is in place. See attached docs for a full-service, third-party inspection report of the property completed in the last 90 days.
Based on the average sale price from the Shelby Township, MI office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
12835 Conant St Hamtramck, MI is a Single Family Home for sale at $249900 with 6577 sqft and a lot size of 9,148 SqFt Acre(s). 12835 Conant St Hamtramck has 0 bedrooms, 0 baths and was built in 1956. The property's zip code is 48212 which is in Hamtramck, MI
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.