230 Plymouth Road, Plymouth, MI 48170

$3,175,000
16
BA

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List Price
$3,175,000
Days on Market
10
MLS#
20261070186
Status
ACTIVE
Type
Multifamily
Bathrooms
16

Property Description

Turnkey 16-unit multifamily investment opportunity in Plymouth, MI. Built in 1964 and extensively renovated in 2024-2025 with updated flooring, cabinets, kitchens, appliances, and fixtures. Two brick buildings on a single parcel featuring four 1-bedroom/1-bath units (626 SF) and twelve 2-bedroom/1-bath units (676 SF). All units include in-unit washer/dryer, forced-air gas heat, and central air. Gas and electric are individually metered and tenant-paid; landlord covers water and trash. 25 on-site parking spaces. Currently approximately 97% occupied with strong rental history. Located in Plymouth's desirable submarket near top-rated Plymouth-Canton schools and predominantly owner-occupied single-family neighborhoods. An excellent stabilized cash-flow opportunity with upside potential.

Additional Information

Taxes
$32,409
Acres
0.90
Basement
Slab
Heating
Forced Air
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Brady Williams from Listing Office: Greater Development LLC.

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