Cash-flowing investment property with over 13,000sf of space just minutes from I-94 & I-75, Metro Airport, rail yard, and the Detroit River. Currently used as a car storage business, this property will generate a return from day one. Capacity for over 50 cars inside and another 20+ outside. Month-to-month lease terms offer flexibility for whatever use you may have. Occupy a portion and rent out the rest to negate costs, or take possession of the entire space immediately if desired. The property is accessible from both Cleophus and Philomene, allowing semi's to pull through if needed. Fully rehabbed living space upstairs complete with kitchen, bedroom, bathroom, & game room adds additional rentable space or use as an office.
Based on the average sale price from the Allen Park, MI office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
16125 Cleophus Avenue Allen Park, MI is a Single Family Home for sale at $599000 with 13089 sqft and a lot size of 0.53 Acres Acre(s). 16125 Cleophus Avenue Allen Park has 0 bedrooms, 0 baths and was built in 1973. The property's zip code is 48101 which is in Allen Park, MI
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.