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$1,200,000
Est. payment /mo
18 Baths
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20251055380
Year Built 1927
Annual Tax Amount $3,962
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 80X110
Source Realcomp
Property Description
investment Opportunity: 18-Unit Multifamily Apartment Building – Detroit, MI!!!!Fully remodeled 18-unit brick apartment building in a strong rental pocket of Detroit, just 10 minutes from Downtown and New Center. Perfect turn-key cash flow property for investors looking to acquire a stabilized asset with immediate income and upside potential.- 18 spacious units (mix of 1-bed and 2-bed layouts)3 stories with solid brick construction, Approximately 50% occupied – collect rents Day 1 while filling the remaining units at market rates Located in a high-demand rental area with consistent tenant interest Extensive recent renovations completed -newer roof All new energy-efficient windows New carpet & flooring throughout units and common area Freshly painted interiors and exteriors New interior & exterior doors Completely updated electrical systems, newer plumbing and hot water tanksStrong cash flow opportunity with value-add upside as remaining units are leasedPriced aggressively for quick sale – ideal for 1031 exchange buyers, private investors, or funds looking for stable Detroit multifamily with proven rents and low maintenance for years to come.Don't miss this rare fully renovated, cash-flowing 18-unit building in one of Detroit's rebounding neighborhoods!For financials, rent roll, and private tour, contact listing agent today.
Location
State MI
County Wayne
Area Wayne County - 100
Zoning Multi-Family
Direction WEST ON DAVISON TO SOUTH ON LASALLE
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W10I008803S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Listed by Munoz Realty Inc
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