5701-5707 Woodward Street Wayne, MI $ 1,647,700
5701-5707 Woodward Street
$ 1,647,700
Share Save

5701-5707 Woodward Street

Wayne, MI, 48184
$ 1,647,700
Baths16.0 Sq 11,218

Monthly Estimate*

$ 10,280

5701-5707 Woodward Street, Wayne, MI 48184 - Image 1
5701-5707 Woodward Street, Wayne, MI 48184 - Image 2
5701-5707 Woodward Street, Wayne, MI 48184 - Image 3
5701-5707 Woodward Street, Wayne, MI 48184 - Image 4
5701-5707 Woodward Street, Wayne, MI 48184 - Image 5
5701-5707 Woodward Street, Wayne, MI 48184 - Image 6
5701-5707 Woodward Street, Wayne, MI 48184 - Image 7
5701-5707 Woodward Street, Wayne, MI 48184 - Image 8
5701-5707 Woodward Street, Wayne, MI 48184 - Image 9
5701-5707 Woodward Street, Wayne, MI 48184 - Image 10
5701-5707 Woodward Street, Wayne, MI 48184 - Image 11
5701-5707 Woodward Street, Wayne, MI 48184 - Image 12
5701-5707 Woodward Street, Wayne, MI 48184 - Image 13
Studio

Multi-Family Home for sale in Wayne, MI

for $1,647,700 with 16 full baths. This 11,218 square foot home was built in 1966 on a lot size of 0.15.

Rare opportunity to own two apartment buildings.  This amazing investment consists of two separate apartment buildings.  Building one is a brick two story, consisting of eight, two bedroom units, private patios with sliding doors,  and  with central laundry room with paid laundry that generates additional income.   Building two consisting of eight one bedroom units, with central laundry room.  A grand total of 16 apartment units.  Private parking lot with assigned spaces.  Seasoned and strong rent roll for both buildings with full occupancy.  All units are rented at market value with great paying long term tenants.   Most of the units have been recently updated.  Large center common area for both units.  Both buildings are fully city certified and ready for transfer.  Full financials and rent roll available after signing the NDA. Do NOT disturb tenants. Showings will be scheduled only upon accepted offer. BATVAI

See more

Multi-Family Active

Price

$ 1,647,700

Bedrooms

Studio

Full Bath

16

Property Type

Multi-Family

Taxes

$ 12,295

Style

Lot Size

0.15

Year Built

1966

Town/City

Wayne

County/Region

Wayne

MLS | Web ID

60398840

Features
General
Heating Baseboard
Possession Subject To Tenant Rights
Water Public Water
Status Active Active
Full Baths 16
Half Baths 0
Bathrooms 16
Year Built 1966
Subdivision Hoag Sub
County Wayne
Class MULTIFAMILY
Type Multi-Family
Net Income 0
Ownership Private
Municipality Wayne
Zoning Multi-Family
Sale/Rent For Sale
Status Detail 0
Structure Style 2 Story
Area Wayne (82083)
Directions Take Wayne Rd to Van Born then head west.
City Wayne
School District Wayne-Westland Community SD
Financial Terms Cash Conventional
Legal Description 32R28 29 LOTS 28 AND 29 T2S R9E L52 P39 WCR HOAGS SUB
DOM 187
Price Per Sq Ft Total AG 146.88
Public Remarks Rare opportunity to own two apartment buildings.  This amazing investment consists of two separate apartment buildings.  Building one is a brick two story consisting of eight two bedroom units
See more
Exterior
Exterior Brick Vinyl Siding
Lot Size Area 0.15
Lot Dimensions 120x160
Roads Paved Street
Waterfront Y/N No
See more
Interior
Fireplace? No
Total Number of Units 16
Fuel Type Natural Gas
See more
* Excluded Features
List By
Hiba Saad

Listing Agent

Keller Williams Legacy

Broker

hibasaad@kw.com

Email

Affordability Calculator

$11,304
Per Month
91%
9%
0%
Monthly Principal & Interest
$10,280
Monthly Property Taxes
$1,025
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
759487 Elementary School
759476 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/30/2025$1,647,700 Listed Price

Map


See all

5701-5707 Woodward Street, Wayne, MI, 48184 is a Multi-Family Home for sale at $1,647,700 with 11,218 sqft and a lot size of 0.15. 5701-5707 Woodward Street is a studio with 16.0 baths and was built in 1966. The property's zip code is 48184 which is in Wayne, MI