16450 East 9 Mile Road

Eastpointe, MI 48021

$2,300,000
Last Sold Price
28
Beds
22,412 Sq. Ft.
$103 / Sq. Ft.
22,412
Sq. Ft.
$103
per Sq. Ft.
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Sold 9/30/22
Sold 9/30/22

Description

28 unit 100% occupied in 3 buildings. 8 units in the front building, 8 units in the middle building and 12 units in the back building. Batvai28 unit 100% occupied in 3 buildings. 8 units in the front building, 8 units in the middle building and 12 units in the back building. Batvai
  1. Listed by Behzad Bokani • Brokerage DRE #6505355395 • RE/MAX Dream Properties
    P: (248)-284-3046 C: (248)-284-3046 bokani@gmail.com

Property Details for 16450 East 9 Mile Road

Subdivision Name
CHUD & SOSKIN # 01
Architectural Style
Other
Waterfront
No
Zoning Description
Multi-Family
Senior Community
No
LISTING CLOSED: 09/30/2022 12:00 AM

Property Details for 16450 East 9 Mile Road

StatusSold
MLS #20221034426
Days on Market7
Taxes$28,566 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1966
Lot Size1.27 AC / 55,321 SF
CountyMacomb County
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Location

Listing Courtesy of RE/MAX Dream Properties

Sold By RE/MAX Dream Properties

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Building Information for 16450 East 9 Mile Road

Stories-Residences28Year Built1966Building Size-Lot Size1.27 AC / 55,321 SF

Payment Calculator

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$14,071 per month

30 year fixed, 6.55% Interest

Principal and Interest

$11,691

Property Taxes

$2,381

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 16450 East 9 Mile Road

Summary
Location and General Information
  • Directions: E 9 MILE RD
  • Latitude: 42.46411298
  • Longitude: -82.95087479
  • Cross Street: E 9 MILE RD
  • MLS Area Major: Eastpointe (50026)
Taxes and HOA
  • Parcel Number: 1431226001
  • Tax Amount Summer: $27,699.00
  • Tax Amount Winter: $867.00
  • Tax Annual Amount: $28,566.00
  • Tax Assessed Value: $344,458.00
  • Tax Legal Description: CHUD & SOSKIN SUB. NO. 1 LOT 55 LIBER 37, PAGE 44
  • Tax Other Annual Assessment Amount: $34.00
School Information
  • High School District: East Detroit
Parking
  • Parking Total: 50.0
Property
Lot Information
  • Lot Size Acres: 1.27
  • Lot Size Area: 1.27
  • Lot Size Dimensions: 165.00 x 336.00
  • Lot Size Units: Acres
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 542000.0
  • Living Area: 22412.0
  • Building Area Total: 22412.0
  • Above Grade Finished Area: 22412.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 10000.0
  • Class Name: Residential Income
  • Living Area Source: Appraiser
  • New Construction: No
  • Year Built: 1966
Building Features
  • Construction Materials: Brick
  • Foundation Details: Basement, Poured
  • Levels: Two
  • Stories Total: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 28.0
  • Basement: Private Storage Locker, Unfinished
  • Has Basement: Yes
  • Bathrooms Full: 28
  • Bathrooms Total Integer: 28
  • Has Cooling: No
  • Fireplace: No
  • Heating: Baseboard, Natural Gas
  • Has Heating: Yes
Multi Family
Multi Family Information
  • Number of Units Leased: 28
  • Number of Units Total: 28
  • Unit Records: 28
Income & Expenses
  • Gross Scheduled Income: $270,600.00
Unit Information
Unit 1
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 2
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 3
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 4
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 5
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 6
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 7
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 8
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 9
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 10
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 11
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Unit 12
  • Total Bathrooms: 1
  • Sq Ft: 700.0
  • Type: One Bedroom
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $22,550.00
  • Existing Lease: Yes
  • Pets Allowed: No
  • Rent Spree: No

Property History for 16450 East 9 Mile Road

DateEvent & SourcePriceAppreciation
Sep 30, 2022

Sold (Public Record)

Public Record #1527372034

$2,300,000

+3.1% / yr

Sep 30, 2022

Sold

Realcomp #20221034426

$2,300,000—
Sep 30, 2022

Sold

MiRealSource #60132563

$2,300,000—
DateEvent & SourcePrice
09/30/2022

Sold (Public Record)

Public Record #1527372034

$2,300,000

+3.1% / yr

09/30/2022

Sold

Realcomp #20221034426

$2,300,000
09/30/2022

Sold

MiRealSource #60132563

$2,300,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 16450 East 9 Mile Road

Taxable ValueLand-Additions-Total-
Tax Record2024$53,173 ($4,431 / month)
Home Facts
Total Finished SqFt20,464 SqFtAbove Grade Finished SqFt20,464 SqFtStories2Lot Size55,452 SqFtStyleMulti-Family Dwelling (2-4)Year Built1966ZoningRM-1CountyMACOMBAPN02-14-31-226-001

Schools near 16450 East 9 Mile Road

This home is within East Detroit Public Schools.
Rating
School
Type
Grades
Distance
Pleasantview Elementary School
Public - 3 to 5
Kelly Middle School
Public - 6 to 7
East Detroit High School
Public - 8 to 12
East Detroit Virtual Academy
Public - 6 to 12
Rating
School
Distance
Pleasantview Elementary School
Public3 to 5

Kelly Middle School
Public6 to 7

East Detroit High School
Public8 to 12

East Detroit Virtual Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Dream Properties

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