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Julius Harris

julius.harris@exprealty.com +1(248) 910-9991

$ 2,680,000

Est. payment | -/mo

11,808 SqFt

Save

$ 2,680,000

Est. payment | -/mo

Save

11,808 SqFt

Key Details

Property Type Commercial

Sub Type RealEstateOnly

Listing Status Active

Purchase Type For Sale

Square Footage 11,808 sqft

Price per Sqft $226

MLS Listing ID 20261057007

Year Built 1982

Lot Size 1.570 Acres

Acres 1.57

Property Sub-Type RealEstateOnly

Property Description

Excellent investment opportunity in Richmond! Well-maintained 25 unit multi-family property offering strong income potential. Currently 100% occupied with a Net Operating Income (NOI) of $191,560. Conveniently located on Division Road with approximately 180 feet of road frontage and easy access to M-19 and surrounding communities. The property features spacious units, ample parking, and a large lot, providing an attractive opportunity for investors or owner-occupants. Financials available upon request. Schedule your private showing today. Seller is a licensed agent.

Location

State MI

County Macomb

Area Area03032Richmond

Rooms

Basement Sump Pump

Interior

Heating Baseboard, Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features ParkingLot, OnSite

Fence Fencing Allowed

Utilities Available AboveGroundUtilities

View Y/N No

Roof Type Asphalt

Garage false

Building

Foundation Basement, Block, SumpPump

Sewer Public Sewer

Water SeparateMeters

New Construction No

Schools

School District Richmond

Others

Senior Community false

Acceptable Financing Cash, Conventional, Trade1031Exchange

Listing Terms Cash, Conventional, Trade1031Exchange

Special Listing Condition AgentOwned, ShortSaleNo

Listed by Nicholas Ottoy of EXP Realty Main

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(248) 910-9991

julius.harris@exprealty.com

39555 Orchard Hill Place, Suite 600, Novi, Michigan 48375

36984 Division Rd Richmond, MI 48062