See all 25 photos
$1,400,000
Est. payment /mo
16 Baths
1.1 Acres Lot
Active
5266 S WAYNE Road Wayne, MI 48184
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Wayne City
Subdivision Wayne City
MLS Listing ID 20250018793
HOA Y/N true
Originating Board Realcomp
Year Built 1953
Annual Tax Amount $10,369
Lot Size 1.100 Acres
Acres 1.1
Lot Dimensions 30 x 50
Property Description
16-UNIT RANCH-STYLE APARTMENT COMPLEX OFFERS A GREAT INVESTMENT OPPORTUNITY. UNITS RENT FOR BETWEEN $800-$900 PER MONTH. TENANTS PAY ELECTRIC AND GAS. THE PROPERTY ALSO INCLUDES A SEPARATE 3-BEDROOM HOUSE AT 5266 WITH A DETACHED 2.5-CAR GARAGE, BASEMENT, AND FENCED BACKYARD. PARKING IS AVAILABLE. IDEAL FOR INVESTORS LOOKING FOR EXCELLENT RENTAL INCOME AND AN EASY TO MANAGE PROPERTY.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Commercial,Multi-Family
Direction East Off Wayne Rd South Of Michigan Avenue
Rooms
Basement Slab
Interior
Heating Forced Air
Exterior
Amenities Available Pets Allowed
View Y/N No
Building
Sewer Public
Water Public
Structure Type Brick,Vinyl Siding
Schools
School District Wayne-Westland
Others
Tax ID 55016050097003
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Keller Williams Legacy