9
See all 9 photos
$2,000,000
Est. payment /mo
16 Baths
0.5 Acres Lot
New
1241 E WOODWARD HEIGHTS Boulevard Hazel Park, MI 48030
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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.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 great 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 SCHOOL & BUSINESS
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