See all 36 photos

$2,200,000

Est. payment - /mo

Save Virtual Tour

18,522 SqFt

Active

6335 Pelham RD Allen Park, MI 48101

Save Virtual Tour

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Edwards Group

mylivingstonhomes@gmail.com +1(810) 279-1000

UPDATED:

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 18,522 sqft

Price per Sqft $118

Subdivision Southfield Vernor Estates Sub

MLS Listing ID 20261060723

Year Built 1967

Lot Size 1.240 Acres

Acres 1.24

Property Sub-Type RealEstateOnly

Property Description

Rare opportunity to acquire a well-established 24-unit multifamily investment in Allen Park, owned and operated by the same owners for nearly 40 years. Situated on approximately 1.24 acres with an impressive 556 feet of frontage, this two-story brick building offers approximately 18,522 square feet and features a desirable mix of 16 one-bedroom and 8 two-bedroom apartments. The property offers an established rental history, long-term ownership and a strong foundation for an investor looking to acquire a sizable income-producing asset. Current rents provide an opportunity for a new owner to evaluate rental rates and capture additional income potential over time. Tenant convenience is enhanced by on-site laundry facilities, while a newer boiler provides an important recent capital improvement. The property also features a full basement, municipal water and sewer, and on-site parking. Conveniently located on Pelham Road with easy access to I-94, major Downriver thoroughfares, shopping, dining and employment centers. A substantial multifamily asset with a proven rental history, desirable unit mix, on-site amenities and meaningful potential for future growth. Buyer to independently verify all information, measurements, zoning, permitted uses, leases, financials and property condition.

Location

State MI

County Wayne

Area Area05141Allenpark

Interior

Heating Hot Water, Natural Gas

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features ParkingLot

View Y/N No

Garage false

Building

Foundation Basement, Block

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Allen Park

Others

Senior Community false

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition RealEstateOwned, ShortSaleNo

Virtual Tour https://tours.runt.media/v/nW3b422

Listed by Jessica Tremonti of Century 21 Curran & Oberski

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Edwards Group

Agent | License ID: 6501405403

+1(810) 279-1000

Name

Email*

Phone*

Message

I agree to be contacted by The Edwards Group via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy

QUICK SEARCH

6335 Pelham RD Allen Park, MI 48101

Edwards Group

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Go tour this home

6335 Pelham RD