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12
Full Baths7,228
Square Feet
Rare opportunity don't let this pass you by. 100% occupancy and all rents are at market rate. The average rent is just over $1000. No deferred maintenance, start cash flowing from day 1. 10 of the 12 units are section 8 with regular rent increases each year. All tenants are in a lease. The owner pays for water, heat, and some electricity. The water bill averages $400. Also, the taxes were just lowered. This means more cash in your pocket. No showings without an accepted offer. The buyer will receive a warranty deed, title insurance, and a clear title. The buyer is to pay a $495 transaction fee to Downtown Realty. The agent is part of the LLC selling the property. ***DO NOT DISTURB THE TENANTS***
Type
- Multi Family
City/Township
- Detroit
Year Built
- 1962
MLS#
- 20240018770
Lot Size
- 0.21 Acres
Style
- Common Entry Building
Est. Finished Above Ground
- 7,228 sq ft
Air Conditioning
- Ceiling Fan(s), Wall Unit(s)
Basement
- Common Storage Locker, Unfinished
Road Type
- Paved
Listed By
- Downtown Realty
County
- Wayne
Schools
District
- Detroit
Taxes
Taxes
- $14,417
| MLS Number | New Status | Previous Status | Activity Date | New List Price | Previous List Price | Sold Price | DOM |
|---|---|---|---|---|---|---|---|
| 20240018770 | Pending | Active | Apr 1 2024 5:10PM | 7 | |||
| 20240018770 | Active | Mar 25 2024 2:55PM | $675,000 | 7 | |||
| 20230047206 | Withdrawn | Active | Jan 2 2024 10:26AM | 154 | |||
| 20230047206 | Active | Pending | Nov 2 2023 3:11PM | 154 | |||
| 20230047206 | Pending | Contingency | Oct 18 2023 10:55AM | 154 | |||
| 20230047206 | Contingency | Active | Sep 14 2023 12:44PM | 154 | |||
| 20230047206 | Active | Contingency | Aug 11 2023 1:43PM | 154 | |||
| 20230047206 | Contingency | Active | Jul 12 2023 12:43PM | 154 | |||
| 20230047206 | Active | Jun 13 2023 1:43PM | $675,000 | 154 |