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Coldwell Banker Town & Country Real Estate

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

$799,900

Est. payment - /mo

13 Beds

13 Baths

8,748 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

Square Footage 8,748 sqft

Price per Sqft $91

Subdivision Robt Oakmans Ford Hwy & Linwood Sub

MLS Listing ID 58050212081

Style Morethan2Stories

Bedrooms 13

Full Baths 13

Year Built 1927

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type MultiFamily

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

Area Area05043Detlivernoisi756Gdriver

Interior

Heating Natural Gas, Separate Meters, Steam

Fireplace No

Exterior

View Y/N No

Building

Foundation Basement

Sewer Public Sewer

Water Public

New Construction No

Schools

School District Detroit

Others

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition ShortSaleNo, Standard

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Listed by Justin Zehel of Keller Williams Paint Creek

Nearby School & Business

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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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1705 Oakman BLVD Detroit, MI 48238

Coldwell Banker Town & Country Real Estate

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information