• 887 Redding Rd, Birmingham, MI 48009

For Sale

Office

For Sale

This property is available for sale
0.07
Acres
$2,000,000
Sale Price
  • Year Built
    2019
  • Overview

    New 2019 Constructed 2-Unit Luxury Townhome Available for Sale, Located Blocks from Downtown Birmingham, Michigan.

    New 2019 Construction
    Features First Floor Master Suite with European Shower, Floating Tub, and Large Walk-In Closet
    Kitchen Includes Premium Cabinets, Hardwood Floors, Crown Moldings and First Floor Laundry, and Stainless Steel Appliances
    Tenants Pay All Utilities | Minimal Management
    Property Taxes: $34k Annually
    Monthly Rental Income: $16k | $192k Gross
    Approximately $150k in Net Operating Income

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Property Details

For Sale > 2-Unit Luxury Townhome

New 2019 Constructed 2-Unit Luxury Townhome Available for Sale, Located Blocks from Downtown Birmingham, Michigan.

New 2019 Construction
Features First Floor Master Suite with European Shower, Floating Tub, and Large Walk-In Closet
Kitchen Includes Premium Cabinets, Hardwood Floors, Crown Moldings and First Floor Laundry, and Stainless Steel Appliances
Tenants Pay All Utilities | Minimal Management
Property Taxes: $34k Annually
Monthly Rental Income: $16k | $192k Gross
Approximately $150k in Net Operating Income

  • Property Type
    Office
  • Submarket
  • Year Built
    2019
  • Sale Price
    $2,000,000
  • Total Acres
    0.07
  • Cap Rate
    8.0%
  • Property ID
    2184073

Landlord's Sales Representatives

  • Simon Jonna
    Colliers | Birmingham, MI
     
  • Byron Kalia
    Colliers | Birmingham, MI