Detroit MI Multi Family for Sale

ADDITIONAL INFORMATION

Be in the Middle of It All in Southwest Detroit. This Fourplex is the perfect Handy Man's Special to turn into you own. This Diamond in the Rough is Right Across the Street From Clark Park, convenient to Restuarants, Shopping, Freeways and minutes from Downtown Detroit. This is an Estate Situation and property shares TAX ID w/Other properties. will be split prior to sale. BATVAI. Please Call Agent w/Any Questions.

ADDITIONAL INFORMATION

3101 Canton is a solid brick, four-unit building in the Islandview neighborhood of Detroit, adjacent to West Village, Indian Village and nearby Belle Isle. Each unit is roughly 1,000 square feet with a two-bedroom, one-bathroom layout.

ADDITIONAL INFORMATION

Very large two family (up/down) with separate utilities; new copper plumbing; circuit breakers; replaced windows (except the two LRs); NFP w/built-in bookshelves in both LRs; exposed wood floors throughout; seven ceiling fans; fenced lot; screen porch on lower unit/balcony on upper unit; Close to major freeways with central location to get uptown or downtown in 15 minutes. Excellent income potential. Seller financing is also an option. Don't miss out on this huge opportunity to be a foundation for a solid investment portfolio. Home warranty included. Property being sold "as is".

ADDITIONAL INFORMATION

This is your opportunity to invest in one of Detroit's hottest areas! Located between New Center Area and Boston Edison, this 3 unit has 2 bedrooms in the attic and 2, 3 bedrooms. Great investment opportunity or primary residence within walking distance to transit, and minutes away from Wayne State, entertainment, awesome retail and downtown! Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

ADDITIONAL INFORMATION

Investment opportunity in this multi-family located near Detroit's Poletown East neighborhood, near Warren Meldrum Park, Callahan Playground, and Faygo Beverages! Estimated rehab 223$k. Sale contingent on buyer/seller executed development agreement. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the five tax years subsequent to transferring ownership of the property. The tax capture might be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

ADDITIONAL INFORMATION

Here's your opportunity to own this great 2 family unit located close to the Boston/Edison District, Downtown and Universities. Sale contingent on buyer/seller executed development agreement. POF documentation MUST be presented with proposal ( not just stated in the proposal), development timelines and offer amounts MUST be included in the proposals. Renovation experience whether DLBA or not, MUST include addresses and BEFORE/AFTER photos. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

ADDITIONAL INFORMATION

Property needs a full rehab top to bottom, but don't let that scare you away!! This 5 unit is looking for the right investor and will certainly turn a profit on this corner lot with great potential. Sale contingent on buyer/seller executed development agreement. All offers must be supported by proof of funds for both purchase price and construction costs. Please note that the Detroit Land Bank Authority is entitled to a tax capture for the 5 tax years subsequent to transferring ownership of the property. The tax capture may be incompatible with tax abatements and lot combinations that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights and may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development proforma and effect of any tax abatements on the purchase and development financing.

ADDITIONAL INFORMATION

NO SHOWINGS WITHOUT ACCEPTED OFFER: Beautiful two unit flat partially remodeled. Two Beds up. 3 beds down. You complete the finishing touches. Estimated ARV $180k-$255k. Grab this property for a residence, a fast flip or a buy and hold. HOME WARRANTY INCLUDED. NO LAND CONTRACT. NO CONTINGENCIES. WE HAVE AN INSPECTION REPORT. AGENT NO LONGER HAS ACCESS TO THE PROPERTY. THE SELLER IS LOCKING IT FOR THE WINTER. WE ARE IN A MULTIPLE OFFER SITUATION. PLEASE BRING YOUR HIGHEST AND BEST. CASH ONLY.

ADDITIONAL INFORMATION

AMAZING REDEVELOPMENT OPPORTUNITY ON THIS 27 UNIT BUILDING IN THE GRAND BLVD/ MCGRAW CORRIDOR. WEST OF WAYNE STATE, WOODBRIDGE, NW GOLDBERG AND SOUTH OF CORKTOWN. MANY DEVELOPMENTS PLANNED IN THE AREA. THE BUILDING NEEDS A FULL REHAB. GREAT UNIT MIX AND GENEROUS APARTMENTS SIZES. ADDITIONAL SPACE IN THE LOWER LEVEL TO ADD UNITS. SELLER HAS PLANS FOR AN ADDITIONAL NEW 38 UNIT BUILDING AND SEVERAL TRI PLEXES NEXT DOOR. Expenses estimated at 6% mgmt fee = $19,872. Taxes $20,000. Insurance $15,000. Rehab estimated at $1 Million. Total $1,675 Million (16.7 Cap)

ADDITIONAL INFORMATION

AMAZING REDEVELOPMENT OPPORTUNITY ON THIS 27 UNIT BUILDING IN THE GRAND BLVD/ MCGRAW CORRIDOR. WEST OF WAYNE STATE, WOODBRIDGE, NW GOLDBERG AND SOUTH OF CORKTOWN. MANY DEVELOPMENTS PLANNED IN THE AREA. THE BUILDING NEEDS A FULL REHAB. GREAT UNIT MIX AND GENEROUS APARTMENTS SIZES. ADDITIONAL SPACE IN THE LOWER LEVEL TO ADD UNITS. SELLER HAS PLANS FOR AN ADDITIONAL NEW 38 UNIT BUILDING AND SEVERAL TRI PLEXES NEXT DOOR. Expenses estimated at 6% mgmt fee = $19,872. Taxes $20,000. Insurance $15,000. Rehab estimated at $1 Million. Total $1,675 Million (16.7 Cap)

ADDITIONAL INFORMATION

65 Unit apartment. Needs full rehab. Parking in rear. Income and expenses are estimated. 20 Studios @ $800= $16,000 45 1 bedrooms @ $900 = $40,500. Total monthly income $56,500. Mgmt Fee 6%= $40,680, Taxes $15,700, Ins $20,000, untilities $5,000.

ADDITIONAL INFORMATION

The Commodore is a remarkable historic building positioned in the heart of the prestigious Willis-Selden Historic District, Midtown. With its distinct architecture and exquisite features, this iconic structure presents numerous possibilities for development, such as transforming it into first-class condominiums or luxurious high-end apartments. Step inside to discover the grandeur of high ceilings and original wood flooring that exude a sense of timeless elegance. Secure a coveted piece of history and indulge in the boundless prospects offered by The Commodore. Private parking is rare in Midtown and surrounding areas, but not for The Commodore! The sale includes a private 8,000 SF Parking Lot with 20 spaces. Survey and Floor plans are available. Please do not approach building or tenants.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Welcome to 3860 GAYLORD Street, a beautifully renovated residence located in the vibrant city of Detroit, Michigan. This charming single-family home offers a perfect blend of modern comforts and historic character, making it an ideal place to call home. Key Features: Location: Nestled in the heart of Detroit, this property is situated on GAYLORD Street, offering easy access to the city's rich cultural amenities, dining options, and entertainment venues. Exterior: The exterior of the home exudes curb appeal, featuring a well-maintained façade with updated siding, a welcoming front porch, and a manicured front yard. Interior: Step inside to discover a thoughtfully designed interior boasting an abundance of natural light and stylish finishes throughout. The open floor plan creates a seamless flow between the living spaces, perfect for modern living. This residence offers 4 bedrooms spacious bedrooms, each providing a peaceful retreat and ample space for rest and relaxation. Two Full Bathrooms: Living Spaces: Enjoy cozy gatherings in the living room, complete with hardwood floors and perfect for chilly evenings. A separate dining area provides an ideal space for entertaining guests or enjoying with family. Updates: The property has been extensively renovated with modern amenities while preserving its historic charm, ensuring a move-in-ready experience for the new homeowner. Convenience: With convenient access to major highways and public transportation, commuting to Downtown Detroit or other parts of the city is quick and easy. Don't miss the opportunity to make this stunning residence your own. Whether you're a first-time homebuyer, a growing family, or someone seeking a charming urban retreat, 3860 GAYLORD Street offers the perfect blend of comfort, convenience, and style. Schedule a showing today and experience the allure of city living in Detroit.

ADDITIONAL INFORMATION

Nice Multifamily across from Historic Russel Woods Sub. Located near major expressways and the Livernois shopping district youre just minutes from the famous avenue of fashion and historic bakers Keyboard lounge. This multi family has 3 bedrooms in each unit and the floor plans are very spacious, Owner occupant can live payment free or rent these out for $1800-$2000 monthly. Rents are rising so future rents could go higher. Recent updates include some windows, roof repair, complete electrical upstairs and new plumbing throughout. Your portfolio will love this addition.

ADDITIONAL INFORMATION

Formal living room with natural fireplace, formal dining room, kitchen with eating area and full bath is included in both upper and lower levels of this brick multi family home. This home has a fenced in yard with 2 car detached garage. Please call for more information.

ADDITIONAL INFORMATION

(((oh))) W(@)W - - LOOK ! Finally I can discover the future of smart investing witha great TURNKEY investor special in the BOOMING city of Detroit: Certified, Rented and VERY Profitable! If you are looking for a hassle-free and lucrative investment opportunity in one of the world's top property markets, this is the deal for you. This property features: A SECTION 8 Tenant - paying $2,200 per month, giving you a secure and steady income stream. 2 Units - both 2 bedrooms with 1 Bathroom A Fully CERTIFIED and UPDATED property - meeting all the city and section 8 standards, saving you time and money on repairs and inspections. A prime location in Detroit, a city that is experiencing a remarkable economic and cultural revival, attracting businesses, tourists and many new residents. With this property you won't have to do anything but collect the rent checks. Property Management by RPI Management & Neighborhood Legal Services of Michigan NO SHOWINGS WITHOUT AN ACCEPTED OFFER. DO NOT DISTURB TENANTS. CONTACT US TODAY TO MAKE THIS PROPERTY YOURS! SELLER HAS 17 SECTION 8 PROPERTIES FOR SALE IF YOU WOULD LIKE TO BUY A PACKAGE. Buyer to pay $495 Compliance Fee to Community Choice Reality. [[ All Section 8 Properties available: 12110 BRAILE, 9129 FORRER, 12930 CANFIELD, 472 WYOMING, 19260 REVERE, 8265 ASHTON, 19751 FENELON, 18671 SHIELDS, 19347 CONLEY, 8666 BURT, 15776 ARDMORE, 12935 PAYTON, 19497 FREELAND, 14070 ROSELAWN, 12035 MENDOTA, 11256 COURVILLE, 19005 GALLAGHER ]]

ADDITIONAL INFORMATION

Multifamily 2 units Duplex, with 4 Bedroom and 2 Bathrooms, is a House with Exterior walls made of Brick and a roof made of Gable. It has an amazing space on Front and backyard, It is one unit vacant and second unit occupied.

ADDITIONAL INFORMATION

Value-Add Opportunity for this 4 unit multi-family! Each unit is 2 bed 1 bath. Majority of the work has been done... Newer roof and newer windows, property just needs TLC on the interior to be brought back to life. This is an excellent opportunity to turn this multi-family into a cash flowing machine, with a projected $950/mo in rent (or more) per unit, grossing $45,600 annually (or more). On the other hand, occupy one of the units while the other 3 units are paying your rent! BATVAI. Agents, please read agent remarks.

ADDITIONAL INFORMATION

Tenant occupied duplex on Detroit's East Side. Lower unit occupied by long term tenant at 500 month. Upper unit vacant. Property needs some rehab. No showings without accepted offer. Do not disturb tenant. Sale includes the side lots on N and S of property, commonly known as 1545 Dickerson and 1535 Dickerson.

ADDITIONAL INFORMATION

Calling all Investors! This duplex, located on Detroit's vibrant East Side, is ready for a full rehab. Each unit features 2 bedrooms and 1 bath, offering the potential for attractive rental income. With some TLC and creativity, this property can be transformed into a lucrative investment. Don't miss out on the chance to revitalize this property. Contact us today for more details and to schedule a viewing!BATVAI

ADDITIONAL INFORMATION

This listing includes the sale of four townhouses that sit in the historic West Village of Detroit. Approximately 2.5 miles from downtown Detroit and a few minutes from Belle Isle. Walking distance to many restaurants, bars, and coffee shops. We are pleased to offer these townhomes as a package deal. Each townhouse is around 3000 sf, each with updates. The townhomes must be bought as a package but can be sold separately by the new owner. All utilities are separated (water, gas, electricity). Three of the units are rented and one is owner occupied. Possible conversion to condominiums. Addresses are 1006 Parker, 8109 E. Lafayette, 8123 E. Lafayette, and 8129 E. Lafayette St.

ADDITIONAL INFORMATION

Wonderful opportunity to own this Brick two-unit property. Both units are basically the same living room, dining room, kitchen, two bedrooms, and one full bath. Hardwood floors throughout. OVERSIZED FENCED-IN YARD!! Both units are occupied with tenants on a MTM. Add this to your investment portfolio. Located in the up-and-coming SouthWest Detroit. Near great restaurants, local stores, and entertainment, and just a few minutes from the highway! You will not want to miss out on this one, book your showing today!

ADDITIONAL INFORMATION

Great opportunity for experienced investors. A buyer must submit a proposal to purchase, including construction plans or precedent architectural images of proposed development & financing plan with Proof of Funds, Pre-App letter, or new construction loan of the property. Projects will require approval of the Design Review from the city of Detroit. The Tax Capture may be incompatible with tax abatement that are otherwise available to the selected purchaser. DLBA will review requests to waive its tax capture rights & may require a payment in lieu of taxes to approve such requests. The payment will be determined upon reviewing the development financing. BATVAI Please see attached documents for DLBA requirements. Proposal should be submitted through google doc application. Use the link in the attachments.

ADDITIONAL INFORMATION

This 2 unit multifamily home is ready for. new buyers finishing touches. Updates include New electrical, new plumbing throughout the house, New floors. New paint, HVAC units and new appliances refrigerator/stove in each unit. New washer and dryer in basement for the apartments. New cabinets and new tile in each kitchen. New tile in the bathroom and new toilet and sink. New front doors and new fence. Projected rent section 8. $3500.00 a month Can be sold as a package with 4204 Clements or sold separately!