SQUARE FEET11,808
MLS#20261057007
STATUSActive
PROPERTY TYPECommercial - Business
SCHOOLRichmond
Property Description
Excellent investment opportunity in Richmond! Well-maintained 25 unit multi-family property offering strong income potential. Currently 100% occupied with a Net Operating Income (NOI) of $191,560. Conveniently located on Division Road with approximately 180 feet of road frontage and easy access to M-19 and surrounding communities. The property features spacious units, ample parking, and a large lot, providing an attractive opportunity for investors or owner-occupants. Financials available upon request. Schedule your private showing today. Seller is a licensed agent.
Property Features
Property Type: Commercial - Business
Lot Size: 1.57 Acres
Year Built: 1982
Feature Descriptions
Days on Site: 1
Exterior: Vinyl
Foundation: Basement
Frontage Feet: 177
Lot Dimensions: 1.57 Acre(s)
Road Frontage: Paved
Summer Tax: $37695.1200
Water Heater: Natural Gas
Winter Tax: $1001.9400
Year Remoldeled: 2026
Local Schools
School District: Richmond
Listed By / Shown By
Listed By
Agency Name: EXP Realty Main
Agency Phone: (888) 501-7085
Shown By
Agency Title: Key Realty
Agency Phone: 877-539-7589
36984 Division Rd | MLS# 20261057007
This commercial property located at 36984 Division Rd, Richmond, MI 48062 is currently listed for sale with an asking price of $2,680,000. Division Rd is located within the Richmond school district. Search Richmond real estate on www.ikeyrealty.com today.