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$ 3,175,000
Est. payment /mo
New
230 Plymouth RD Plymouth, MI 48170
16 Baths
13,913 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Active
Purchase Type For Sale
Square Footage 13,913 sqft
Price per Sqft $228
Subdivision Assrs Plymouth 11
MLS Listing ID 20261070186
Style Ranch
Full Baths 16
Year Built 1964
Lot Size 0.900 Acres
Acres 0.9
Property Sub-Type MultiFamily
Property Description
Turnkey 16-unit multifamily investment opportunity in Plymouth, MI. Built in 1964 and extensively renovated in 2024-2025 with updated flooring, cabinets, kitchens, appliances, and fixtures. Two brick buildings on a single parcel featuring four 1-bedroom/1-bath units (626 SF) and twelve 2-bedroom/1-bath units (676 SF). All units include in-unit washer/dryer, forced-air gas heat, and central air. Gas and electric are individually metered and tenant-paid; landlord covers water and trash. 25 on-site parking spaces. Currently approximately 97% occupied with strong rental history. Located in Plymouth's desirable submarket near top-rated Plymouth-Canton schools and predominantly owner-occupied single-family neighborhoods. An excellent stabilized cash-flow opportunity with upside potential.
Location
State MI
County Wayne
Area Area05013Plymouth
Interior
Heating Forced Air, Natural Gas
Fireplace No
Exterior
Pool None
View Y/N No
Garage false
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch
New Construction No
Schools
School District Plymouth Canton
Others
Senior Community false
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Call
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Listed by Brady Williams of Greater Development LLC