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Scott Hutchison

scott@web-homes.net +1(616) 291-0440

$ 2,000,000

Est. payment | -/mo

16 Baths

0.5 Acres Lot

Save

$ 2,000,000

Est. payment | -/mo

Save

16 Baths

0.5 Acres Lot

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Hazel Park

Subdivision Hazel Park

MLS Listing ID 20261055689

Year Built 2019

Annual Tax Amount $45,847

Lot Size 0.500 Acres

Acres 0.5

Lot Dimensions 151x151

Source Realcomp

Property Description

Steeple Chase (1241 & 1251 E. Woodward Heights Blvd., Hazel Park, MI, 48030) offers an exceptional investment opportunity in a newly constructed 18-unit multifamily community located in Southeast Oakland County, one of Michigan's fastest-growing submarkets. This property provides a significant opportunity for investors to establish a presence in the desirable Southeast Michigan market.This Investment also offers potential as a great Condo Conversation project. The property features four contemporary two-bedroom, two-bath floor plans, each offering over 1,300 SF of living space and an attached one-car garage. Units include a modern kitchen with premium cabinetry and granite countertops, spacious baths, and luxury flooring. Select units feature a spiral staircase leading to a master bedroom in a two-story townhome design.Situated in Hazel Park, Steeple Chase offers immediate access to Metro Detroit via I-75 and I-696 and is less than two miles from downtown Ferndale, known for its vibrant lifestyle and family-friendly atmosphere. The nearby Amazon Fulfillment facility serves as a major employment hub, enhancing the property's appeal.Hazel Park, with its unique small-town charm and urban setting, is home to over 16,000 residents. Its friendly neighborhoods and local shops make it a beautiful place to live, work, and invest. Steeple Chase promises strong long-term cash flow prospects once stabilized, making it a high-performing multifamily investment.

Location

State MI

County Oakland

Zoning Multi-Family

Direction Take John R to E. Woodward Heights (east bound)

Rooms

Basement Slab

Interior

Heating Forced Air

Cooling Central Air

Exterior

View Y/N No

Building

Water Public

Structure Type Vinyl Siding

Schools

School District Hazel Park

Others

Tax ID 2525251011

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by RLB Realty Limited LLC

NEARBY SCHOOLS & PROPERTIES

“Part of my Job as Your Real Estate Expert is to protect you from the incompetency that runs rampet in our industry”

+1(616) 291-0440

scott@web-homes.net

8 N. Bridge Street Suite 104B, Rockford, MI, 49341, United States

1241 E WOODWARD HEIGHTS Boulevard Hazel Park, MI 48030