31740 Fraser Fraser, MI
$ 1,795,000
Property Attributes
  • MLS#50055269
  • TypeMulti-Family
  • CountyMACOMB
  • CityFraser
  • AreaFraser
  • NeighborhoodFraser
  • Zip48026
  • Style
  • Year Built1969
  • Taxes$ 21986
  • Price$ 1,795,000
  • Bedrooms18
  • Full Bathrooms18
  • Half Bathrooms0
  • Sqr Footage15120
  • Lot Size0.85 Acres
Listing Provided Courtesy Of:
RE/MAX First
Data Source:
MiRealSource (MIRS) - 138 - MI
Property Description

NO SHOWINGS UNTIL AN ACCEPTABLE OFFER HAS BEEN PRESENTED AND ACCEPTED! NO EXCEPTIONS PLEASE! A Rare Find! 18 units /2 brick apartment buildings w/ 12 units @ 31740 Fraser Dr. & 6 units @ 31735 Linden Ave. All 18 apartments are one-bedroom units. Great location & 100%occupancy! 15,120 square foot brick buildings. Building is consistently 100% occupancy. Almost $450K in improvements include: brand new decking/walkways on both buildings, many new windows, some new furnace/ac units, most, if not all of the units have been upgraded & improved, etc. All apartments have central air, stove, refrigerator, disposals & separate thermostats. Building is all electric & tenants pay for individual electric to their units & owner pays for entry ways & outdoor lighting. All tenants are either on a one-year lease or month to month. New rental rates for 2022 will be $800 per month. Registered, Inspected & Certified as a rental property w/City of Fraser Building Dept. HURRY, HURRY, HURRY!

Price History
9/17/2021 Listed $1,795,000

General Features

Appliances Disposal, Range/Oven, Refrigerator
Associated Document Count 4
Bathrooms 18
Beds 18
Community Amenities Laundry Facility, Private Entry
Cooling Ceiling Fan(s), Central A/C
Exterior Features Exterior Balcony
Financial Terms Cash, Conventional
Full Baths 18
Heating Forced Air
Interior Features Sump Pump
Listing Area Fraser (50014)
Municipality Fraser
Originating Mls MiRealSource
Ownership LLC
Parking 3 or More Spaces, Unassigned/General
School District Fraser Public Schools
Source Mls MI Real Source
Status Active
Status Active
Structure Style 2 Story
Subdivision A/P # 08 FRASER
Subj To Short Sale Apprvl No
Type Multi-Family
Water Public Water
Water Heater Electric
Year Built 1969
Zoning Commercial, Multi-Family, Residential

Interior Features

Bath Descriptions First Flr Bath Lav/Half, Second Flr Bath Lav/Half
Dining/Kitchen Dining L
Fireplace? No
Fuel Type Electric
Total Number of Units 18
Unit 1 Occupied Y/n Yes
Unit 1 Rent Rate 750
Unit 2 Occupied Y/n Yes
Unit 2 Rent Rate 750
Unit 3 Occupied Y/n Yes
Unit 3 Rent Rate 750
Unit 4 Occupied Y/n Yes
Unit 4 Rent Rate 750
Unit 5 Occupied Y/n Yes
Unit 5 Rent Rate 750
Unit 6 Occupied Y/n Yes
Unit 6 Rent Rate 750

Exterior Features

Exterior Brick
Foundation Type Crawl
Frontage 291
Lot Dimensions 291 X 248
Lot Size Area 0.85
Roads City/County, Paved Street
Separate Electric Y/n Yes
Separate Gas Y/n No
Separate Heat Y/n Yes
Separate Water Y/n No
Sewer Septic Public Sanitary
Waterfront Y/N No


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 48026

AVG $1.8M
AVG $21,986
AVG 62
Year Built
AVG 1969
AVG 54
Data Provided by Walkscore ® not using MLS data