Introducing a premier 10-unit multi-family development at 1251 E Woodward Heights Blvd, Hazel Park. Built in 2023, this contemporary 2-story townhouse-style complex offers modern living with exceptional convenience and comfort. 2 end units and 8 standard units are fully occupied with strong tenants. Key Features: Unit Configuration: Each townhouse features 2 spacious bedrooms and 2 full bathrooms with laundry, ideal for small families, professionals, or roommates. Modern Design: Enjoy the contemporary architecture and stylish interiors designed to provide a luxurious living experience. Attached Garage: Each unit includes an attached 1-car garage, providing secure and convenient parking. Property Highlights: Prime Location: Situated on E Woodward Heights Blvd, this property offers easy access to local amenities, schools, parks, and major transportation routes. New Construction: Built in 2023, this development features the latest in construction quality and energy-efficient design, ensuring low maintenance and operational costs. Investment Opportunity: With 8 units, this property presents a significant investment opportunity with high rental demand in the thriving Hazel Park area.
Property Features
Bedrooms
Bathrooms
- Total Bathrooms: 2.00
- Full Bathrooms: 2
Interior Features
Heating and Cooling
- Cooling Features: Cooling: Central Air
- Heating Features: Forced Air
- Heating Fuel: Natural Gas
- Water Heaters: Natural Gas
Exterior and Lot Features
- Frontage Length: 151
- Road Frontage Type: Paved, Pub. Sidewalk
- Porch Description: Balcony, Patio
Land Info
- Lot Size Acres: 0.52
- Lot Size Dimensions: 151x151
- Lot Size Square Feet: 22651
Garage and Parking
- Garage Description: Garages
Rental Info
- Gross Scheduled Income: 246000.00
- Rent Includes: Snow Removal, Yard Maintenance
Multi-Unit Info
- Number of Units: 10
- Number of 2 Bedroom Units: 10
School Information
- School District: Hazel Park
Homeowners Association
- Pets Allowed: Cats OK, Dogs OK
Other Property Info
- ActivationDate : 2024-09-11
- Annual Tax Amount: 51622
- Source Listing Status: Active
- County: Oakland
- Directions: North off Woodward Height, East of Dequindre
- Source Property Type: Multifamily
- Area: Hazel Park
- Source Neighborhood: Hazel Park
- Ownership Type: Short Sale - No, Private Owned
- Parcel Number: 2525251010
- Postal Code Plus 4: 1557
- Zoning: Commercial, Multi-Family,
- Source System Name: C2C
Commercial Info
- Net Operating Income: 188300.00
- Operating Expense: 49000.00
Building and Construction
- Total Square Feet Living: 22651
- Year Built: 2022
- Construction Materials: Aluminum
- Foundation Details: Slab
- Property Age: 2
- Roof: Asphalt
- Levels or Stories: 2 Story
- House Style: 2 Story
- Total Area Sqft: 22651
- Architectural Style: Contemporary, Townhouse
Utilities
- Sewer: Public Sewer (Sewer-Sanitary)
- Water Source: Public (Municipal)