9501 Iris, Detroit, MI 48227 - MLS#20251034600

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Coldwell Banker Town & Country Real Estate

karengillrealestate@gmail.com +1(810) 397-4451

$999,000

Est. payment - /mo

58 Beds

58 Baths

58,102 SqFt

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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

Lot Dimensions 100 x 40

Property Sub-Type Common Entry Building

Source Realcomp II Ltd

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

Direction Take Chicago to Iris go to address

Rooms

Basement Unfinished, Common, Private

Interior

Heating Forced Air

Fireplace no

Heat Source Natural Gas

Exterior

Road Frontage Paved

Garage no

Private Pool No

Building

Foundation Basement

Sewer Sewer at Street

Water Water at Street

Architectural Style Common Entry Building

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 22994883.10

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Conv. Blend Rt, Conventional

Listing Terms Cash, Conv. Blend Rt, Conventional

Financing Cash,Conv. Blend Rt,Conventional

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Listed by Erica Coleman of Moving Forward Realty

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Coldwell Banker Town & Country Real Estate

+1(810) 397-4451

Broker | License ID: 308761

Broker License ID: 308761

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9501 Iris Detroit, MI 48227

Coldwell Banker Town & Country Real Estate

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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