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6743 Highland Road RD, waterford twp Michigan 48327
MLS® #: 217064743
$450,000

THIS BUILDING WAS USED AS AN APARTMENT BUILDING FOR MOST OF ITS LIFE. THE CURRENT OWNER STARTED TO CONVERT IT TO AN OFFICE BUILDING FOR HIS OWN USE AS WELL AS OTHER OFFICE TENANTS. IN THE PROCESS HE...
Full Description

Beds
Bath
7416 SqFt

Overview

THIS BUILDING WAS USED AS AN APARTMENT BUILDING FOR MOST OF ITS LIFE. THE CURRENT OWNER STARTED TO CONVERT IT TO AN OFFICE BUILDING FOR HIS OWN USE AS WELL AS OTHER OFFICE TENANTS. IN THE PROCESS HE PURCHASED ANOTHER BUILDING THAT SUITED HIS NEEDS MORE. SO HE DECIDED TO CHANGE IT BACK TO RESIDENTIAL AND CHANGE THE HEATING SYSTEM TO INDIVIDUAL GFA FURNACES INSTEAD OF THE 1 BOILER HEAT WHICH HE HAD TO PAY THE GAS AND ELECTRIC BILL AND ADD THE MONTHLY COST NET INTO THE RENT. IN THE PROCESS OF HAVING THE CITY INSPECTOR OUT TO APPROVE THE FURNACES BEING INSTALLED, HE WAS INFORMED INFORMED HE NEED TO 1ST GET THE PROPERTY REZONED BACK TO MULTI FAMILY. SO HE HAS DROPPED THE PRICE ACCORDINGLY SO A PURCHASER CAN HANDLE THE REZONE AND COMPLETE THE CONVERSION BACK TO APARTMENTS AND FINISH THE INSTALLATION OF THE FURNACES. THERE IS ALSO A 2 FAMILY HOME WITH APX 4 ACRES ON THE LAKE RIGHT BEHIND @ $350,000 AND ALSO A VACANT LOT ADJACENT TO THE BUILDING APX 80' X 200' @ $150,00 THAT ARE ALSO FOR SALE.

Essential Information
MLS217064743
address6743 Highland Road RD Waterford Twp Michigan
cityWaterford Twp
countyOakland
coordinatesLatitude : 42.6588513
Longitude : -83.42105
lot size
  • Lot size area: 0.77
  • Lot size dimensions: 135 X 200
year built1965
marketrealcomp
styleApartments,Commercial,Industrial
property TypeCommercial
sqft total7416
statusActive
Primary Features
school districtWaterford
Interior Features
heatingCentral Air, Forced Air
fireplaceNo
basementNo
sqft main7416
sqf to ffice6060
External Features
poolNo
lot size area0.77
garage featuresno
garageNo
sewerSewer-Sanitary
frontage feet135
lot size dimensions135 X 200
road frontage typeClass B
Financial Details
total tax14883
transaction typeSale
tax amount summer11389
tax amount winter3494
list price450000
list price by acre584415.5844
gross scheduled income104000
Location Information
parcel number1320101019
postal code48327
zoningCommercial
Additional
directionsSOUTH SIDE OF HIGHLAND BETWEEN AIRPORT RD AND WILLIAM LK RD
construction materialsAluminum, Brick
foundation detailsSlab
encroachmentYes
inventory includedNo
year remodeled2016
Water sourceWell-Existing
rent includesGarbage Pickup, Snow Removal, Water/Sewer, Yard Maintenance
ownership status
  • Private Owned
  • Short Sale - No