17644 Lahser Road

Sold 9/17/20
Sold 9/17/20
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Last Sold Price
$900,000
17 beds18,745 sqft$48/sqft
17644 Lahser Road, Detroit, MI 48219

Description

Welcome to Lahser Manor Apartments! Walk to downtown old Redford. Completely renovated in 2018-2019! 17 unit apartment complex! The building has 16 of the 17 units rented. All apartments are 1 bedroom and all are identical. Street rents $725.00. The owner spared no expense! All new windows, kitchens, flooring, bathrooms and the common areas have been redone. The property also comes with adjacent parcels 21685 and 21693 Thatcher and the vacated alley. The owner purchased those parcels from the land...Welcome to Lahser Manor Apartments! Walk to downtown old Redford. Completely renovated in 2018-2019! 17 unit apartment complex! The building has 16 of the 17 units rented. All apartments are 1 bedroom and all are identical. Street rents $725.00. The owner spared no expense! All new windows, kitchens, flooring, bathrooms and the common areas have been redone. The property also comes with adjacent parcels 21685 and 21693 Thatcher and the vacated alley. The owner purchased those parcels from the land bank and combined them with the original parcel doubling the property's grounds. The owner is in the process of fencing the property. Located in MSHDA Opportunity Zone #5412 and eligible for ZERO capital gains if held for 10 years! The property has a current certificate of occupancy. The property has passed all inspections including the lead inspection and the property is certified as lead-free and does not require any more lead inspections! No showings without proof of funds.
LISTING CLOSED: 09/17/2020 12:00 AM

  1. Listed by Michael Watcke • Brokerage DRE #6505298694 • Bradbury Development Co.
    P: (248)-541-1111 C: (586)-718-3282 mjw51@hotmail.com
  2. Listed by Michael Chudnow • Brokerage DRE #6505426048 • Palladium Realty
    P: (248)-470-0216 C: (734)-474-7659 mlchudnow@gmail.com

Property Details for 17644 Lahser Road

Status
Sold
MLS #
219122771
Days on Market
189
Taxes
$11,551 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
Multi Family
MLS Type
Residential Income / Multi Family
Year Built
1966
Lot Size
0.28 AC / 12,196 SF
County
Wayne County
Subdivision Name
BROCKS LASHER AVE (PLATS)
Architectural Style
Common Entry Building
Waterfront
No
Zoning Description
Multi-Family
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Location

Listing Courtesy of Bradbury Development Co.; Palladium Realty

Sold By Historic Realty Detroit

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Building Information for 17644 Lahser Road

Stories-Residences17Year Built1966Building Size-Lot Size0.28 AC / 12,196 SF

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$5,537 per month

30 year fixed, 6.55% Interest

Principal and Interest

$4,575

Property Taxes

$963

HOA Dues

$0

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Property Information for 17644 Lahser Road

Summary
Location and General Information
  • Directions: North of Mc Nichols, East side of Lahser.
  • Latitude: 42.420262
  • Longitude: -83.257649
  • Cross Street: N of Mc Nichols/E of Lahser
  • MLS Area Major: Detroit (82001)
Taxes and HOA
  • Parcel Number: W22I113391C2
  • Tax Amount Summer: $10,324.00
  • Tax Amount Winter: $1,227.00
  • Tax Annual Amount: $11,551.00
  • Tax Assessed Value: $129,400.00
  • Tax Legal Description: E LAHSER 2&3 BROCKS LAHSER AVE SUB L41 P80 PLATS, W C R 22/395 99.63 IRREG
School Information
  • High School District: Detroit
Parking
  • Parking Total: 20.0
  • Parking Features: Lighted, Paved, Unassigned
Property
Lot Information
  • Frontage Length: 100.0
  • Lot Size Acres: 0.28
  • Lot Size Area: 0.28
  • Lot Size Dimensions: 100.00X124.00
  • Encroachment: No
  • Lot Size Units: Acres
  • Road Frontage Feet: 100
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
Property and Assessments
  • State Equalized Value: 129400.0
  • Living Area: 18745.0
  • Building Area Total: 12645.0
  • Above Grade Finished Area: 12645.0
  • Below Grade Finished Area: 6100.0
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Units: Square Feet
  • Below Grade Total Area: 6323.0
  • Below Grade Total Area Units: Square Feet
  • Class Name: Residential Income
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Year Built: 1966
Building Features
  • Construction Materials: Aluminum Siding, Block, Brick, Vinyl Siding
  • Foundation Details: Basement, Block, Sealed Foundation
  • Levels: Three
  • Year Remodeled: 2019
  • Roof: Asphalt
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Bathrooms Total Notational: 17.0
  • Appliances: Gas Water Heater
  • Basement: Common, Finished, Interior Entry
  • Has Basement: Yes
  • Bathrooms Full: 17
  • Bathrooms Total Integer: 17
  • Cooling: Wall Units
  • Has Cooling: Yes
  • Heating: Baseboard, Hot Water, Natural Gas
  • Has Heating: Yes
  • Interior Features: High Speed Internet
  • Water Heater Fuel: Natural Gas
  • Window Features: Energy Star Qualified Windows
Exterior Features
  • Exterior Features: Awnings, Lighting
  • Fencing: Fenced
  • Patio And Porch Features: Covered, Porch
Multi Family
Multi Family Information
  • Number of Units Leased: 16
  • Number of Units Total: 17
  • Unit Records: 1
Income & Expenses
  • Gross Scheduled Income: $147,900.00
  • Net Operating Income: $88,740.00
Unit Information
Unit 1
  • Actual Rent: $725.00
  • Total Bathrooms: 1
  • Furnished: Unfurnished
  • Type: One Bedroom
  • Total Units: 17.0
Agent
Sale and Listings
  • Public GLR Website: Yes
Rental
Rent Information
  • Monthly Rental Income: $12,325.00
  • Existing Lease: Yes
  • Pets Allowed: No
  • Rent Includes: Heat, Sewer, Snow Removal, Trash Collection, Water, Yard Maintenance

Property History for 17644 Lahser Road

DateEvent & SourcePriceAppreciation
Sep 17, 2020

Sold

Realcomp #219122771

$900,000—
Sep 17, 2020

Sold

MiRealSource #40008480

$900,000—
Jul 3, 2020

Contract Signed

Realcomp #219122771

—
DateEvent & SourcePrice
09/17/2020

Sold

Realcomp #219122771

$900,000
09/17/2020

Sold

MiRealSource #40008480

$900,000
07/03/2020

Contract Signed

Realcomp #219122771

—

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

Public Records for 17644 Lahser Road

Taxable ValueLand-Additions-Total-
Tax Record2025$11,666 ($972 / month)
Home Facts
Total Finished SqFt12,563 SqFtAbove Grade Finished SqFt12,563 SqFtStories3Lot Size12,197 SqFtStyleMulti-Family Res (5+ Units)Year Built1966Year Renovated1966ZoningB4CountyWAYNEAPN22113391-2

Schools near 17644 Lahser Road

This home is within Detroit Public Schools Community District.
Rating
School
Type
Grades
Distance
Foreign Language Immersion And Cultural Studies
Public - PK to 8
Bates Academy
Public - PK to 8
Emerson Elementary-Middle School
Public - PK to 8
Detroit International Academy For Young Women
Public - PK to 12
Rating
School
Distance
Foreign Language Immersion And Cultural Studies
PublicPK to 8

Bates Academy
PublicPK to 8

Emerson Elementary-Middle School
PublicPK to 8

Detroit International Academy For Young Women
PublicPK 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 17644 Lahser Road, Detroit, MI 48219
$900,000
17
18,745
12,196
17626 Lahser Road, Detroit, MI 48219
–
–
–
4,800
5,227
17630 Lahser Road, Detroit, MI 48219
–
–
–
–
–
21693 Thatcher Avenue, Detroit, MI 48219
–
–
–
889
4,792
17641 Lahser Road, Detroit, MI 48219
$700
4
2,376
9,000
21685 Thatcher Avenue, Detroit, MI 48219
–
–
1
889
4,792

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bradbury Development Co.; Palladium Realty

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