403 South Crooks Road

Beds
6,203 Sq. Ft.
$104 / Sq. Ft.
6,203
Sq. Ft.
$104
per Sq. Ft.

Description

This 13 unit apartment complex is in an excellent location. It is a tremendous opportunity to own a multiunit at an amazing price. Less than a 10 minute drive to downtown Birmingham or downtown Royal Oak. Also very near Somerset mall and all the shopping and restaurants along Big Beaver in Troy. Seller's estimate is that this unit is under rented by approximately 10-15% since he has kept his long term tenants without any rent increase. There is a tremendous upside in this property. 1 Unit is currently...This 13 unit apartment complex is in an excellent location. It is a tremendous opportunity to own a multiunit at an amazing price. Less than a 10 minute drive to downtown Birmingham or downtown Royal Oak. Also very near Somerset mall and all the shopping and restaurants along Big Beaver in Troy. Seller's estimate is that this unit is under rented by approximately 10-15% since he has kept his long term tenants without any rent increase. There is a tremendous upside in this property. 1 Unit is currently vacant & in the process of updating kitchen. cash flow analysis & FAQ added to documents of this listing
  1. Listed by Latif Muhaimeen • Max Broock, REALTORS®-Birmingham
    P: (248)-760-1208 latif@latifnetwork.com
  2. Listed by Monica A Mokrzan-Destefanis • Max Broock, REALTORS®-Birmingham
    P: (586)-801-4311 monicarealestate26@gmail.com

Property Details for 403 South Crooks Road

Architectural Style
2 Story
Subdivision Name
KENWOOD GARDENS
Has Waterfront
No
Zoning Description
Multi-Family
LISTING CLOSED: 07/12/2016 04:51 PM

Property Details for 403 South Crooks Road

StatusClosed
MLS #21142684
Days on Market23
Taxes$14,653 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Multi Family
Year Built1962
Lot Size0.70 AC / 30,491 SF
CountyOakland County

Location

Listing Courtesy of Max Broock, REALTORS®-Birmingham

Sold By LPS

Add your commute

Building Information for 403 South Crooks Road

Stories2Residences13Year Built1962Building Size-Lot Size0.70 AC / 30,491 SF

Payment Calculator

$4,487 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,266

Property Taxes

$1,221

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 403 South Crooks Road

Summary
Location and General Information
  • Cross Street: 14 MILE RD
  • Directions: 14 MILE RD/ E OF CROOKS RD
  • Latitude: 42.529707
  • Longitude: -83.164938
  • MLS Area Major: Clawson (63201)
Taxes and HOA
  • Parcel Number: 2504103004
  • Tax Annual Amount: $14,653.00
School Information
  • High School District: Clawson
Parking
  • Parking Features: Paved, Unassigned
Property
Lot Information
  • Lot Size Acres: 0.7
  • Lot Size Area: 0.7
  • Lot Size Units: Acres
  • Lot Size Dimensions: X30295.11
Property and Assessments
  • Above Grade Finished Area: 6203.0
  • Above Grade Finished Area Units: Square Feet
  • Building Area Total: 6203.0
  • Living Area: 6203.0
  • Living Area Source: Public Records
  • Living Area Units: Square Feet
  • Property Sub Type: Multi Family
  • Property Type: Residential Income
  • Year Built: 1962
Building Features
  • Construction Materials: Brick
  • Foundation Details: Slab
  • Levels: Two
  • Roof: Asphalt
  • Total Stories: 2
Utilities
  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Cable Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Community Features: Sidewalks
  • Exterior Features: Lighting
  • Patio And Porch Features: Patio
Interior Features
  • Appliances: Gas Water Heater
  • Has Basement: No
  • Full Bathrooms: 13
  • Total Bathrooms: 13
  • Cooling: Window Unit(s)
  • Has Cooling: Yes
  • Heating: Steam, Natural Gas
  • Has Heating: Yes
  • Interior Features: High Speed Internet
  • Laundry Features: Common Area
  • Water Heater: Gas
Multi Family
Multi Family Information
  • Number Of Units Leased: 12
  • Number Of Units Total: 13
Income & Expenses
  • Gross Scheduled Income: $95,500
  • Net Operating Income: $60,978

Property History for 403 South Crooks Road

DateEvent & SourcePriceAppreciation
Jul 12, 2016

Sold

Realcomp #216043197

Jul 12, 2016

Sold

MiRealSource #21142684

Jul 12, 2016

Listed (Active)

MiRealSource #21142684

$876,000
DateEvent & SourcePrice
07/12/2016

Sold

Realcomp #216043197

07/12/2016

Sold

MiRealSource #21142684

07/12/2016

Listed (Active)

MiRealSource #21142684

$876,000

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

Public Records for 403 South Crooks Road

Taxable ValueLand-Additions-Total-
Tax Record2024$19,106 ($1,592 / month)
Home Facts
Total Finished SqFt8,513 SqFtAbove Grade Finished SqFt8,513 SqFtStories1Lot Size30,056 SqFtStyleMulti-Family Dwelling (2-4)Year Built1962ZoningAICountyOAKLANDAPN16-25-04-103-004

Schools near 403 South Crooks Road

This home is within Clawson Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 6 to 8
Public - K to 5
Rating
School
Distance
Kenwood Elementary School
PublicPK to 5

Clawson High School
Public6 to 12

Clawson Middle School
Public6 to 8

Clawson Elementary School
PublicK to 5

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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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 Max Broock, REALTORS®-Birmingham

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