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$ 3,175,000
Est. payment /mo
Active
230 Plymouth Road Plymouth, MI 48170
16 Baths
0.9 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Plymouth
Subdivision Plymouth
MLS Listing ID 20261070186
Year Built 1964
Annual Tax Amount $32,409
Lot Size 0.900 Acres
Acres 0.9
Lot Dimensions 204.56X191
Source Realcomp
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.
Location
State MI
County Wayne
Zoning Multi-Family
Direction From S Main St, head east on Plymouth Rd; property is on the north side of the road between N Main St and N Holbrook St.
Rooms
Basement Slab
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Water Public
Structure Type Brick
Others
Tax ID 49004020269000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Greater Development LLC
Nearby Locations
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Mark Vanderwal
Realtor & Marketing Expert License ID: 6501398317
+1(616) 813-9373 | mark@markvanderwal.com