46465 Willis Road

Belleville, MI 48111

$995,900
Price
20
Beds
12
Baths
9,523 Sq. Ft.
$105 / Sq. Ft.
9,523
Sq. Ft.
$105
per Sq. Ft.

Description

Great Opportunity to own this cash flowing investment property. This 1.3 acre lot holds 5 homes equaling out to 12 total units. Currently all are fully rented and well maintained. This is a turn key investment opportunity that anyone with a portfolio should take a look at. Property is being SOLD AS IS. Please allow 48hr notice to show. Buyers agent must provide buyers proof of funds to show property

Property Details for 46465 Willis Road

Waterfront
No
Parking Total
12
Architecture Style
Colonial, Ranch
Pets Allowed
No
Zoning
Residential

Location

Listing Courtesy of Moving The Mitten RE Group Inc

Property Details for 46465 Willis Road

StatusActive
MLS #2210043426
Days on Market100
Taxes$6,588 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1946
Lot Size1.38 AC / 60,112 SF
CountyWayne County

Listing Agent

Todd Chartier

Todd Chartier

Moving The Mitten RE Group Inc

todd@movingthemitten.com

P: (734) 627-7100

M: (734) 323-4238

Contact Agent(s)

Location

Listing Courtesy of Moving The Mitten RE Group Inc

Building Information for 46465 Willis Road

Stories1Residences12Year Built1946Building Size-Lot Size1.38 AC / 60,112 SF

Payment Calculator

$3,887 per month

30 year fixed, 2.95% Interest

Principal and Interest

$3,338

Property Taxes

$549

HOA Dues

$0

Property Information for 46465 Willis Road

Summary
    Location and General Information
  • Directions: Sumpter rd south to Willis rd west to Sharon Ct
  • Directions From East West: E
  • Directions From East West Detail: Sumpter
  • Directions From North South: N
  • Directions From North South Deta: Willis
  • Side Of Street: S
  • Road Frontage Type: Paved
  • MLS Area Major Number: 05151
  • MLS Area Major: Sumpter Twp
    Taxes and HOA Information
  • Parcel Number: 81034990004000
  • Tax Legal Description: 09R THAT PART OF THE N 1/2 OF THE N E 1/4 OF THE N W 1/4 OF SEC 9 DES AS BEG AT A POINT ON THE SLY LINE OF WILLIS ROAD DISTANT S 2D 08M 40SEC E 60.16 FT AND S 83D 38M 20SEC W 282.42 FT FROM THE N 1/4 COR OF SEC 9 AND PROCEEDING TH S 83D 38M 20SEC W ALONG SAID SLY LINE 95.0 FT. TH S 2D 08M 40SEC E 635.60 FT. TH N 84D 44M 12SEC E 94.88 FT. TH N 2D 08M 40SEC W 637.42 FT TO THE POB 1.38 ACRES
  • State Equalized Value: $262,000.00
  • Taxable Value: $126,799.00
  • Protection Period: 180
  • Percent Homestead Exempt: No
  • Tax Amount Summer: $1,492.00
  • Tax Amount Winter: $5,096.00
  • Total Tax: $6,588.00
    School Information
  • School District: Van Buren
    Parking
  • MF Parking: Unassigned/General
Property
    Lot Information
  • Lot Size Dimensions: 95x635x636x96
  • Frontage Feet: 95
  • Land Contract: No
  • Lot Size Area: 1.38
    Property and Assessments
  • Settlement: Township
  • Assessment: 17.73
  • Encroachment: No
  • Year Built: 1946
  • Title: Private - Owned
  • Property Type: Multifamily
  • Short Sale: No
    Green Features
  • Input Entry Order: 1
  • Input Entry Order: 2
  • Input Entry Order: 3
    Utilities
  • Sewer: Sewer-Sanitary
  • Water Source: Municipal Water
Interior and Exterior Features
    Exterior Features
  • Pool: No
  • Foundation Details: Slab
  • Foundation Materials: Poured
  • Roof Material: Asphalt
  • Construction Materials: Vinyl
  • Architecture Level: 1 Story
    Interior Features
  • Basement: No
  • Baths Total: 12.00
  • Baths Full: 12
  • Baths Half: 0
  • Square feet Combined: 9523
  • Square feet Total: 9523
  • Living Area Source: Public Records
  • Heating: Forced Air
  • Heating Fuel: Natural Gas
Room Information
    Room
  • Room Count: 0
Multi Family
    Multi-Family Information
  • Unit Efficiency Number Of: 0
  • Unit Four Bed Number Of: 0
  • Unit Loft Number Of: 0
  • Unit One Bed Number Of: 5
  • Unit Three Bed Number Of: 1
  • Unit Two Bed Number Of: 6
  • Number Of Units Total: 12
  • Unit Count: 3
    Income & Expenses
  • Gross Scheduled Income: $94,471.00
  • Net Operating Income: $74,019.67
  • Income Projection: Actual
    Unit 1
  • Baths Total: 1
  • Furnished: Unfurnished
  • Units Total: 5
  • Unit Type: One Bedroom
    Unit 2
  • Baths Total: 1
  • Furnished: Unfurnished
  • Units Total: 6
  • Unit Type: Two Bedroom
    Unit 3
  • Baths Total: 1
  • Furnished: Unfurnished
  • Units Total: 1
  • Unit Type: Three Bedroom
Rental
    Rent Information
  • Existing Lease: Yes
  • Legal Rental Certified: Yes
  • Monthly Rental Income: $7,800.00
  • Number Of Units Leased: 12

Property History for 46465 Willis Road

DateEvent & SourcePriceAppreciation
Jun 9, 2021

Listed (Active)

REALCOMP #2210043426

$1,100,000
DateEvent & SourcePrice
06/09/2021

Listed (Active)

REALCOMP #2210043426

$1,100,000

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

Public Records for 46465 Willis Road

Taxable ValueLand-Additions-Total-
Tax Record2020$6,588 ($549 / month)
Home Facts
Beds0Baths12Total Finished SqFt9,523 SqFtAbove Grade Finished SqFt9,523 SqFtStories1Lot Size60,113 SqFtStyleSingle Family ResidenceYear Built1946CountyWAYNEAPN81 034 99 0004 000

Schools near 46465 Willis Road


SchoolTypeGradesDistanceRating
Keystone AcademyCharterK-81.2 mi
7
Owen Intermediate SchoolPublic4-62.7 mi
4
Belleville High SchoolPublic9-123.0 mi
4
Edgemont Elementary SchoolPublicK-43.4 mi
5

Keystone Academy

K-8, 1.2 mi, Charter

7

Owen Intermediate School

4-6, 2.7 mi, Public

4

Belleville High School

9-12, 3.0 mi, Public

4

Edgemont Elementary School

K-4, 3.4 mi, Public

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.

Similar Homes

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46465 Willis Road is a multi-family home for sale in Belleville, MI 48111. This property was listed for sale on June 9, 2021 by Moving The Mitten RE Group Inc at $995,900. This listing's school district is Van Buren Public Schools. Nearby schools include Owen Intermediate School, McBride Middle School and Belleville High School. 46465 Willis Road is a 20-bed, 12-bath, 9,523 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Moving The Mitten RE Group Inc

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