$369,000
Flat Rock, MI 48134
MLS# 26024978
1 / 22
Property Description
This 4-unit multi-family, fully-leased investment opportunity is now available in Flat Rock! The property is walking distance to downtown Flat Rock with easy access to shopping, dining and parks. I-75 and I-275 are just minutes away. Each unit has 1 bedroom and 1 bathroom. 3 of the 4 units have been recently remodeled with new paint, flooring, kitchens, bathrooms, light fixtures and insulation. An estimated $50,000 worth of improvements have been put into the property within the past year, including a new furnace on one of the units. Gas and electric are separately metered and paid by the tenants. Common area expenses and water are paid by the landlord.
Details
Location & Property Info
Cross Streets: Gibraltar Road & Sheeks Boulev
Property Sub-Type: 2 to 4 Units
Municipality: Flat Rock City
Office/Contract Info
Auction or For Sale: For Sale
General Property Info
New Construction: No
Lot Dimensions: 40x140
Financial Available: No
Road Frontage: 40
Waterfront: No
Basement: Yes
Total # Units: 4
# of Diff Unit Floor Plans: 1
Total # Bldgs: 1
Total Parking Spaces: 5
School District: Flat Rock
Lot Measurement: Acres
Lot Square Footage: 5663
Lot Acres: 0.13
Year Built: 9999
Tax Info
Taxable Value: 81191
SEV: 84800
For Tax Year: 2025
Seller's Annual Property Tax: 5885.93
Tax Year: 2025
Homestead %: 0
Spec Assessment & Ty: 0
Tax ID #: 58-138-03-0003-002
Remarks & Misc
Public Remarks: This 4-unit multi-family, fully-leased investment opportunity is now available in Flat Rock! The property is walking distance to downtown Flat Rock with easy access to shopping, dining and parks. I-75 and I-275 are just minutes away. Each unit has 1 bedroom and 1 bathroom. 3 of the 4 units have been recently remodeled with new paint, flooring, kitchens, bathrooms, light fixtures and insulation. An estimated $50,000 worth of improvements have been put into the property within the past year, including a new furnace on one of the units. Gas and electric are separately metered and paid by the tenants. Common area expenses and water are paid by the landlord.
Legal: 06A3B 4A T5S W 10 FT OF S 140 FT OF LOT 3 AND S 140 FT OF LOT 4 HENRY H. SHEEKS SUB T5S R10E L44 P42 WCR
Street Type
Paved: 1
Util Avail at Street
Electricity Available: 1
Natural Gas Available: 1
Utilities Attached
Electricity Connected: 1
Natural Gas Connected: 1
Sewer
Public Sewer: 1
Water
Public Water: 1
Terms Available
Cash: 1
Conventional: 1
Exterior Material
Shingle Siding: 1
Roofing
Tile: 1
Heat Source
Natural Gas: 1
Sale Conditions
None: 1
Heat Type
Forced Air: 1
Air Conditioning
Window Unit(s): 1
Access Feat
Accessibility Features: No
Tenant Pays
Electric: 1
Gas: 1
Substructure
Michigan Basement: 1
Owner Pays
Sewer: 1
Water: 1
Unit 1
Unit #: 1
Unit Description: 1
Occupied: Yes
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 2
Unit Description: 1
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 3
Unit Description: 1
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Unit 4
Unit Description: 1
Bedrooms: 1
Bathrooms: 1
Full Baths: 1
Location Property Info
County: Wayne
Street #: 29019
Street Name: Sheeks
Post Direction: S
State: MI
Zip Code: 48134
Zip (4): 1288
OfficeContract Info
Status: Active
Current Price: $369,000
List Price: $369,000
Listing Date: 2026-05-27
Remarks Misc
Directions: SEC Gibraltar Road & Sheeks Boulevard
Property Features
Exterior Material: Shingle Siding
Roofing: Tile
Substructure: Michigan Basement
Sewer: Public Sewer
Water: Public Water
Utilities Attached: Electricity Connected; Natural Gas Connected
Util Avail at Street: Electricity Available; Natural Gas Available
Owner Pays: Sewer; Water
Tenant Pays: Electric; Gas
Heat Source: Natural Gas
Heat Type: Forced Air
Air Conditioning: Window Unit(s)
Street Type: Paved
Terms Available: Cash; Conventional
Sale Conditions: None
Listing Office: GRI Homes for Today
Listing Agent: Tjader Gerdom
Last Updated: May - 27 - 2026
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