Residential > Multi-family
Pending
10/05/2018
List Price
$1,799,900$45/ft²
19143 Berg Rd
Detroit, MI 48219
- -Bed
- 48Baths
- 39,816ft²Living Area
- 1.3acLot Size
- -Pool
- 40Car
- 1963Year Built
- 228DOM
- 1Permit
19143 Berg Rd, Detroit, MI 48219 is a 48 bath, 39,816 ft² multi-family home house built in 1963 on a 1.260 acre lot with 1 construction permit. This multi-family home is currently pending, and it was last sold in 2018 for $1,300,000.
MLS Description
The listing agent's description. Original Listing
Lucrative Investment Opportunity: Well-Established 40-Unit Apartment Building!
*Call for Offers for Monday July 1st at 3 pm.*
Seeking a stable and profitable investment? Look no further than this exceptional 40-unit apartment complex located in Detroit. The property boasts a strong rental history and excellent income potential.
Currently generating a gross annual income of approximately $324,000 with a projected Net Operating Income (NOI) of $227,000 for 2024, this investment offers proven performance. There's also significant value-add opportunity: reach full capacity and unlock even greater income. Projected gross income upon full occupancy is $432,000.
The complex caters to a wide range of renters with a diverse unit mix of spacious 2-bedroom townhouses (8 units), regular 2-bedroom units (8 units), and efficient 1-bedroom units (24 units). Landlord currently covers water, gas, and electric.
Don't miss out on this income-generating gem! Showings require advanced notice to respect current tenants. Contact us today to schedule a showing and learn more about this opportunity in a desirable location. Proof of funds and/or financing is required to schedule a showing.
Listing Agents
The listing agent for 19143 Berg Rd is Dmitriy Selektor.
DS
Dmitriy Selektor
EXP Realty LLC
Phone: (888) 501-7085
Permits
19143 Berg Rd has 1 permit records.
Permit History
1
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2020$31,861.31From latest Total Assessed Value4.1%Total Assessed Value$776,300=Land+
Assessed Value$0Additions
Assessed Value$0
In 2020, taxes billed for 19143 Berg Rd were $31,861.31, which is 4.10% from latest Total Assessed Value of $776,300.
Property History
19143 Berg Rd has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 19143 Berg Rd
Hazard Risks
Hail149Wind137Tornado118Nat'l Avg100Carb Mono96Air Pollution93Ozone88Weather70Particulates68Lead52Earthquake21Hurricane15
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 19143 Berg Rd.
Walkability Index
7 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
19143 Berg Rd has a walkability score of 7 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
19°F
High
34°F
Summer
Average
Low
59°F
High
82°F
In the winter at 19143 Berg Rd, temperatures range from 18.81°F to 33.62°F with an average of 26.22°F. In the summer, the temperature ranges from 59.41°F to 81.65°F with and average of 70.53°F.
School Information
Public/private schools serving 19143 Berg Rd
Public Schools
Emerson Elementary-Middle School
Grades: PK-8
1.90 mi
C
Henry Ford High School
Grades: 9-12
1.68 mi
F
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 19143 Berg Rd have ratings undefined, and undefined.
Neighborhood
This property is located in Upper West Detroit, Detroit, MI 48219.
Seasonal Housing units 48219
0%of housing is for seasonal rent.
Daytime Population for 48219
-23%of people during work hours.
Boundary map of Upper West Detroit.
Crime Index for 48219
110
110
The crime index in 48219 is 110, which is 1.1 times higher than national average.
Market Trends
Historical market data near 19143 Berg Rd over selected time period.
Nearby Properties on Berg Rd
- 19458 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,095 square foot, 1 bathroom, 0.13 acre property. It was built in 1955 and has an estimate of $76,874 with a price per ft² of $70.
- 19420 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,095 square foot, 2.25 bathroom, 0.13 acre property. It was built in 1954 and has an estimate of $77,672 with a price per ft² of $71.
- 19410 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,095 square foot, 1 bathroom, 0.13 acre property. It was built in 1954 and has an estimate of $68,362 with a price per ft² of $62.
- 20445 Berg Rd, Detroit, MI 48219 (Old Redford) is a 982 square foot, 1 bathroom, 0.13 acre property. It was built in 1960 and has an estimate of $79,872 with a price per ft² of $81.
- 20403 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,035 square foot, 1 bathroom, 0.21 acre property. It was built in 1959 and has an estimate of $79,560 with a price per ft² of $77.
- 19400 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,095 square foot, 1 bathroom, 0.15 acre property. It was built in 1954 and has an estimate of $78,470 with a price per ft² of $72.
- 19143 Berg Rd, Detroit, MI 48219 (Seven Mile / Rouge) is a 39,816 square foot and 1.26 acre property.
- 19173 Berg Rd, Detroit, MI 48219 (Seven Mile / Rouge) is a 0.4 acre property.
- 19164 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,015 square foot, 2.25 bathroom, 0.21 acre property. It was built in 1956 and has an estimate of $73,948 with a price per ft² of $73.
- 19142 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,015 square foot, 2.25 bathroom, 0.21 acre property. It was built in 1956 and has an estimate of $71,554 with a price per ft² of $70.
- 19130 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,015 square foot, 2.25 bathroom, 0.23 acre property. It was built in 1956 and has an estimate of $170,000 with a price per ft² of $167.
- 19254 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,072 square foot, 1 bathroom, 0.23 acre property.
- 18600 Berg Rd, Detroit, MI 48219 (Melvern Hill) is a 3,060 square foot and 93.62 acre property.
- 18214 Berg Rd, Detroit, MI 48219 (Melvern Hill) is a 1,652 square foot, 2.25 bathroom, 0.23 acre property. It was built in 1922 and has an estimate of $128,935 with a price per ft² of $78.
- 18224 Berg Rd, Detroit, MI 48219 (Melvern Hill) is a 1,811 square foot, 2.25 bathroom, 0.25 acre property. It was built in 1922 and has an estimate of $112,518 with a price per ft² of $62.
- 18234 Berg Rd, Detroit, MI 48219 (Melvern Hill) is a 0.18 acre property.
- 18250 Berg Rd, Detroit, MI 48219 (Melvern Hill) is a 2,059 square foot, 2 bathroom, 0.4 acre property. It was built in 1914 and has an estimate of $306,552 with a price per ft² of $149.
- 18266 Berg Rd, Detroit, MI 48219 (Melvern Hill) is a 686 square foot, 2 bathroom, 0.37 acre property. It was built in 1961 and has an estimate of $37,820 with a price per ft² of $55.
- 18280 Berg Rd, Detroit, MI 48219 (Melvern Hill) is a 1,685 square foot, 2.25 bathroom, 0.3 acre property. It was built in 1914 and has an estimate of $134,998 with a price per ft² of $80.
- 18298 Berg Rd, Detroit, MI 48219 (Melvern Hill) is a 1,792 square foot, 2.25 bathroom, 0.23 acre property. It was built in 1914 and has an estimate of $120,000 with a price per ft² of $67.
- 18420 Berg Rd, Detroit, MI 48219 (Melvern Hill) is a 1,106 square foot, 2 bathroom, 0.98 acre property. It was built in 1915 and has an estimate of $118,636 with a price per ft² of $107.
- 20336 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,210 square foot, 2.25 bathroom, 0.14 acre property. It was built in 1959 and has an estimate of $119,700 with a price per ft² of $99.
- 20366 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,555 square foot, 2.25 bathroom, 0.14 acre property. It was built in 1966 and has an estimate of $111,720 with a price per ft² of $72.
- 20378 Berg Rd, Detroit, MI 48219 (Old Redford) is a 0.14 acre property.
- 20380 Berg Rd, Detroit, MI 48219 (Old Redford) is a 1,242 square foot, 2.25 bathroom, 0.18 acre property. It was built in 1970 and has an estimate of $118,370 with a price per ft² of $95.
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