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$ 800,000
Est. payment | /mo
12 Beds
12 Baths
5,330 SqFt
$ 800,000
Est. payment | /mo
12 Beds
12 Baths
5,330 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,330 sqft
Price per Sqft $150
Subdivision Mi
MLS Listing ID 50170394
Style 2 Story
Bedrooms 12
Full Baths 12
Year Built 1929
Annual Tax Amount $3,089
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 35x112x35x112
Property Sub-Type Multi-Family
Property Description
Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate! This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. • 8-Unit Complex: Features updated windows and newer HVAC systems. • 12-Unit Complex: Equipped with newer HVAC systems. • All Units: 1-bedroom, 1-bathroom layouts in good condition. • Heating: No boilers—each unit has a forced-air furnace. Ideal for first-time investors! Rent rolls and expense reports are available upon request. Serious buyers only. Seller financing is available—just ask! Other address included is 18625 Schoenherr St, Detroit, MI 48205.
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air
Fireplace No
Building
Story 2 Story
Foundation Basement
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Private
SqFt Source Realist
Energy Description Natural Gas
Financing Cash,Purchase Money MTG
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Paint Creek