Address
259 E Frank Street Birmingham, MI
Price
$ 660,000
Property Attributes
  • ID#2210082875
  • TypePending
  • CountyOAKLAND
  • CityBirmingham
  • AreaBirmingham
  • NeighborhoodASSRS PLAT NO 6 - BIRMINGHAM
  • Zip48009
  • StyleOffices
  • Year Built1968
  • Taxes$ 10501
  • Price$ 660,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3499
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
RE/MAX Classic
Data Source:
RealComp - 83 - MI
Property Description

**Please contact listing agent directly for appointment to show: Tom Hutt 248-219-9993** Don't miss this downtown Birmingham building with a rare opportunity to own an income-producing property with a Fantastic location across from Barnum Park. The property is currently tenant occupied, please do not approach tenants. The building consists of three separate rental units, each with similar square footage. Each unit has a separate Furnace and Air Conditioning. The landlord is responsible for the maintenance of the roof, the exterior and the heating/cooling units, along with snow removal. Tenants are responsible for their own utilities, gas, electric, water and trash. This building is being sold as is and does have some deferred maintenance that needs to be done including the roof. There are roof estimates ranging from $55,000 to $75,000.

Price History
10/14/2021 Listed $660,000

General Features

Business Type Office
Commercial Type Commercial
Construction Materials Wood, Other
Cumulative Days on Market 12
Current Use Offices
Gross Scheduled Income 78300.00
Heating Central Air
Listing Agent Public Id 256007
Net Operating Income 66800.00
Operating Expense 22000.00
Ownership Status Private Owned, Short Sale - No
Parcel Number 1936203023
Possession Negotiable
Property Type Commercial
School District Birmingham
Sewer Sewer-Sanitary
Short Sale No
Status Pending
Subdivision Name ASSR'S PLAT NO 6 - BIRMINGHAM
Terms Offered Cash, Conventional
Total Sq Ft 3499
Transaction Type Sale
Year Built 1968
Zoning Commercial

Interior Features

Heating Fuel Natural Gas

Exterior Features

Architecture Level 1 Story
Foundation Slab
Foundation Materials Poured
Frontage Feet 80
Lot Size Area 0.08
Lot Size Dimensions 80X48X73X43
Roof Material White Roof, Other
Water Source Municipal Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


IDX provided courtesy of Realcomp II Ltd., via Remerica United Realty and The Originating MLS(found above), © 2021 Realcomp II Ltd. Shareholders. Shareholders. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of December 1, 2021 4:36 AM UTC Information deemed reliable but not guaranteed. The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of Realcomp Ltd

Property vs Pending Average in 48009

Price
AVG $820K
$660K
Taxes
AVG $12,110
$10,501
Visits
AVG 52
6
Year Built
AVG 1981
1968
Walkscore
AVG 68
81
Data Provided by Walkscore ® not using MLS data