$775,000
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2017 BURLINGAME Detroit, MI 48206
Multi-Family
Residence
Beds
10
Baths
7,884
Sq. Ft.
0.27
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Prime Multifamily Investment Opportunity in Detroit! Discover the potential of 2017 Burlingame Street, a high upside value add 10-unit multifamily property in the desirable Boston Edison District. Spanning 7,884 sq. ft. this brick and block building combines timeless charm with modern upgrades. The ...property features 7 one-bedroom units and 3 two-bedroom units, potentially generating a monthly rental income of $9,500 with utilities included, and a projected net annual income of $84,000. Key features include a full basement with storage, laundry facilities, newer boiler, upgrades to units, windows roof and many other upgrades. Ample parking for 20 vehicles. Financing options include cash, conventional, or a land contract with a $350,000 down payment and a 7.5% interest rate. Donââ?¬â?¢t miss this exceptional investment opportunityââ?¬â??schedule your showing today!
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Source MLS
MiRealSource
Originating MLS
RealComp
MLS#
60360266
Property Type
Multi-Family
Bathrooms
10 Full
Year Built
1948
Square Feet
7,884
sq. ft
Lot Size
0.27
Stories
2.0
Sewer
Public Sewer
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