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$799,900
Est. payment /mo
13 Baths
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Municipality Detroit City
Subdivision Detroit City
MLS Listing ID 50212081
Year Built 1927
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x120x50x120
Source MiRealSource
Property Description
Calling all investors! 13-unit brick apartment building featuring all one-bedroom, one-bath units. 10 of the 13 units have been fully remodeled, with updated windows throughout the property. The seller has also invested thousands into maintaining the boiler system, keeping it in excellent condition. Low operating expenses with tenants paying DTE, water, and trash. The property is 100% approved for the PILOT program and will kick in next year. Strong rental demand, great market rents, and a convenient location make this an excellent cash-flow opportunity. A solid, updated multifamily property with plenty to offer both new and seasoned investors.
Location
State MI
County Wayne
Exterior
View Y/N No
Others
Tax ID 12004787.
Acceptable Financing Cash
Listing Terms Cash
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Listed by Keller Williams Paint Creek
NEARBY SCHOOLS & PROPERTIES
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