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6 N Washington St
Oxford, MI 48371
Multifamily Property For Sale
·
2 Units
Investment Highlights
- 2 Fully Leased Studio apartments, - 1 Fully leased NNN Retail and a basement.
- High visibility at the N Washington St and E Burdick St signalized corner in downtown Oxford.
- Municipal FREE parking with EV chargers.
Executive Summary
Completely remodeled downtown Oxford Michigan mixed use property. Retail with long term lease on the first floor, 2 fully leased studio apartments on the second floor. Leases are NNN. City Surface parking is adjacent to the building with 2 EV charging stations and several quick 2-Hour Parking spaces. Neighboring business includes: Red Knapps, Bar & Grill, Funky Monkey Toys, HomeGrown Brewing, Oxford Tap Room and others!
Property Facts
| Price Per Unit | $768,759 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 6.72% | Lot Size | 0.06 AC |
| No. Units | 2 | Building Size | 4,278 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/2021 |
| Zoning | C-1 - Commercial, Light Industrial, Office, Recreation | ||
| Price Per Unit | $768,759 CAD |
| Sale Type | Investment |
| Cap Rate | 6.72% |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 4,278 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1910/2021 |
| Zoning | C-1 - Commercial, Light Industrial, Office, Recreation |
Amenities
Site Amenities
- Car Charging Station
Property Taxes
| Parcel Number | 04-22-460-015 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $347,769 CAD |
Property Taxes
Parcel Number
04-22-460-015
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$347,769 CAD
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