206 E Liberty Street, Milford, MI 48381
Real Estate Only - Milford, MI
- Added:
- Aug 9, 2025
- Days on Market:
- 307
- Last Refresh:
- Jun 11 at 6:06 pm
Property Features for 206 E Liberty Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Multiple
- Standard status
- Active
- APN
- 1611156001
- Size
- 4,859 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 17587
Utilities
- Heating system
- Central
Building Details
- Year built
- 2001
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Keith Reynolds (248) 787-3718
Listing office KW Showcase Realty 2730 Union Lake Road, commerce Township, MI (248) 360-2900
Listing date Aug 9, 2025
Copyright © 2026 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Unbeatable downtown Milford location
- Rare mixed‑use investment opportunity
- Two high‑end residential units, each approximately 1,500 sq ft
- Approximately 2,500 square feet of office space
- Private parking lot
- Brick construction
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $113.1k | $23.28 |
| − Vacancy | −$4.8k | −$0.98 |
| EGI | $108.4k | $22.30 |
| − OpEx | −$48.8k | −$10.04 |
| NOI | $59.6k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Milford
- County
- Oakland
- State
- Michigan
- Longitude
- -83.5988092
- Latitude
- 42.5893021
