9501 Iris new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48227
Key Details
Property Type Multi-Family
Sub Type Common Entry Building
Listing Status Active
Purchase Type For Sale
Square Footage 58,102 sqft
Price per Sqft $17
MLS Listing ID 20251034600
Style Common Entry Building
Bedrooms 58
Full Baths 58
Year Built 1938
Annual Tax Amount $5,701
Property Sub-Type Common Entry Building
Property Description
Amazing INVESTOR Opportunity! Prepped and ready for final renovations 58 unit apartment complex. Some units have already been completed and others need drywall and final touches. Property features (52) 1 units and (6) 2 bedroom units with 1 bath. All Units need turned and rented. Will be a cash cow for an investor at an amazing $40K estimated monthly income and $475K annual estimated income. Property is located near schools, shopping, public transportation and more. Ample amount of parking spaces! Serious buyers only. Seller financing is unavailable. Looking for cash buyers. Please due your due diligence. Property Sold AS IS. BATVAI
Location
State MI
County Wayne
Area Northville (Wayne County)
Zoning Multi-Family
Interior
Heating Forced Air
Building
Foundation Basement
Sewer Sewer at Street
Water Water at Street
Structure Type Brick
Schools
School District Detroit
Others
Acceptable Financing Cash,Conv. Blend Rt,Conventional
Listing Terms Cash,Conv. Blend Rt,Conventional