Detroit MI Multi Family for Sale

ADDITIONAL INFORMATION

This charming multi-family home features two spacious units in a highly desirable location, offering endless potential for investors or homeowners looking to maximize rental income. With a prime setting, this property provides the perfect opportunity to capitalize on its great layout and convenient proximity to local amenities, schools, and transportation. This property is a solid investment with endless possibilities.

ADDITIONAL INFORMATION

Perfect for your pickiest investor/buyer! This beautifully updated multi-unit brick colonial has 2 spacious units with 2 beds, 1 full bath on the main level and 2 beds 1 full bath on the upstairs second unit. There isn't an inch of this home that hasn't been updated with quality craftsmanship. You will find engineered hardwood flooring throughout the living, dining and bedrooms. Ceramic tile flooring throughout the baths and kitchens. New stainless steel appliances, soft close cabinetry, top of the line electric fireplaces in both units, freshly painted, new lighting and modern design throughout. The large driveway has been recently re-asphalted and has plenty of space for parking plus a 2-car garage and large backyard. Situated on a wonderful block close to expressways, shopping, dining and more this is perfect for an income generating property! Separated utilities for each units with a shared finished basement space with storage and laundry. At almost 3000 total sq ft on all levels, $100/sq ft is a steal!!! Come see it today. Seller or agent to be present at all showings.

ADDITIONAL INFORMATION

The Definitive Corktown Collection: a group of properties of various architectural styles exemplary of Corktown, in the heart of the neighborhood, and adjacent to the central business district and Riverfront. A developer�s opportunity for immediate cashflow, reactivation of the vacant structures, and vacant land for redevelopment. This site is in an Opportunity Zone and Neighborhood Enterprise Zone (New/Rehab). The package is made of four separate pieces: 1) Triangle-shaped vacant land to the north; 2) across vacated Lobrosse St at 1450 Sixth, a brick 4-unit, occupied, newer roof and boiler, additional space in basement for fifth unit; 3) vacant land at 1440 Sixth 4) the Worker�s Row House at 1430 Sixth, originally a 3-unit tenement house, with roof, structure and exterior fully stabilized; There is additional land behind this structure that could be a great location for additional residential or carriage house. This location is walkable to the restaurants lining Michigan Avenue and one mile to Ford�s Michigan Central Innovation District. Most of the offering is combined under tax ID 06004564-743, except 1430 6th the Worker�s Rowhouse, which is tax id 06004563. The properties are part of the Corktown historic district. The zoning is B6, General Services District, which allows residential, commercial and mixed use purposes. Additional photos available upon request.

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. 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

6 Unit Building with 4 1 Bed Units and 2 2 Bed Units. 2 Units are Tenant Occupied. 1 paying $750 and 1 Tenant Paying $950.. Other 4 Units currently being Rehabbed.. Great Income Potential.. Building Has onsite Laundry Area..

ADDITIONAL INFORMATION

Updated 4 bedroom, 2 bath duplex (2/1 each unit) in Morningside sub! Great block. Each unit estimated to get approx $950-$995 for a total of $1,900-$1,995/Mo *Each floor has a living room, kitchen, bathroom, dining room and 2 bedrooms. There is not a neighbor on the North side of the home (vacant lot) *Newer funraces, hot water tanks, electrical breaker panels, etc. First floor occupied and to be vacant within 30 days of a closing. Second floor to be shown upon accepted offer. *Needs a little TLC.

ADDITIONAL INFORMATION

Rare opportunity on this Value Add Multi Family comprised of 19 units. Full brick well maintained building in the heart of Detroit. All units have been renovated. Unit mix consists of (14) one bedroom units, (1) two bedroom units ,(4) studio units. Strong financials with a projected 11% cap rate with all 19 units rehabbed. Each hallway and common areas are updated. Each unit has its own electric meter, Plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250,000. The exterior has been impeccably maintained with a newer Spanish clay tile roof on the building, newer windows, and parking available for tenants. All tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. Conveniently located near major highways making commuting to nearby landmarks such as Wayne State University and Downtown Detroit. Don't miss out on this amazing opportunity.

ADDITIONAL INFORMATION

This property is an ideal investment opportunity for your portfolio! Located just a few hundred feet from Grand River Ave, it features three bedrooms in both the upper and lower units. For potential homeowners, this offers a fantastic chance for house hacking, allowing someone else to help pay your mortgage.

ADDITIONAL INFORMATION

ADDITIONAL INFORMATION

Attention investors! This multi-family quadruplex in Detroit offers incredible potential. Located just minutes from downtown Detroit, this property is ideally situated near public transportation, schools, and major freeways, ensuring convenience for future tenants. Each of the four units features separate meters, making it an excellent candidate for rental income. While the property requires renovation, it provides a blank canvas for customization and modernization. This property is being sold as-is, offering a unique chance to invest in Detroit�s rapidly growing real estate market. Don't miss this opportunity to transform this quadruplex into a profitable income-generating property! For more details or to schedule a viewing, contact us today!

ADDITIONAL INFORMATION

This charming two family flat is conveniently situated within blocks of the Detroit River, near Downtown Detroit and the vibrant riverfront community just a stoneââ?¬â?¢s throw away. The property offers a range of possibilities: Investment Opportunity: You can choose to live in one of the units while renting out the other. Let someone else contribute to your mortgage payments. Single Family Home: Alternatively, you have the option to use the entire home as a large single-family residence. Flexible Floor Plan: The current floor plan has been thoughtfully modified to function as a single-family home, but it can easily be converted back to a multi-unit layoutââ?¬â??the decision is entirely yours. Key features of this property include: Two Spacious Units: Each unit provides ample living space.Hardwood Floors: Enjoy the timeless elegance of hardwood flooring.Abundant Windows: Natural light floods the interior, creating a warm and inviting atmosphere.Separate Furnaces: Ensuring comfort and control for each unit. Come see what this home has to offer.

ADDITIONAL INFORMATION

**Investment Opportunity Awaits!** Calling all investors or owner occupants. This charming property is a diamond in the rough, ready for your personal touch. With a bit of sweat equity, it can be transformed into a profitable flip, a reliable rental, or a cozy home for owner-occupants. Key Features: - **Versatile Space:** Ideal for flipping or renting, with plenty of potential to increase value. - **As-Is Sale:** Opportunity to customize and renovate to your liking. Donâ??t miss out on this chance to invest in a property with great potential! Schedule your appointment today. Sold As Is. Buyer to verify all information. BATVAI

ADDITIONAL INFORMATION

VERY WELL MAINTAINED 2 UNIT BRICK MULTI-FAMILY IN DETROIT! UPPER AND LOWER UNITS EACH HAVE 3 BEDROOMS, 1 BATH, KITCHEN, LIVING ROOM AND EACH UNIT HAS ITS OWN SEPARATE ENTRANCE. THIS MULTI-FAMILY ALSO BOASTS A SHARED UNFINISHED BASEMENT WITH LAUNDRY. LIVE IN ONE WHILE RENTING THE OTHER! IDRBNG

ADDITIONAL INFORMATION

Excellent opportunity to own and operate a 14 unit apartment building on the far west side of Detroit. An already well managed asset, this building falls on the immediate border of Redford and Dearborn Heights, and surrounding home values and rents contribute to a potentially bright future of appreciation. This property both cash flows now and has meat on the bones for rent increases that will lead to a higher NOI and ultimately a higher valuation as a result. Offering memorandum and rent roll available upon request.

ADDITIONAL INFORMATION

Unlock the potential of this partially completed renovation! This property features two spacious 2-bedroom, 1-bath units with thoughtfully designed layouts. Recently updated with stunning new siding, it�s already showing incredible curb appeal. Electrical, plumbing, and carpentry work have been partially completed, giving you a solid head start on finishing this amazing project. The contractor abandoned the project, so our loss is your gain. This is your chance to take advantage of a fantastic opportunity. Don't miss out on transforming this property into a showstopper! Buyer to pay 495 transaction fee to listing broker at closing.

ADDITIONAL INFORMATION

Discover a prime investment opportunity with this four-unit multifamily property located at 5907 Iroquois Street in Detroit. The building comprises three spacious three-bedroom units and one two-bedroom unit, offering a versatile portfolio for potential investors. Current Rental Income: � Unit 1: Three bedrooms, rented at $1,650/month � Unit 2: Three bedrooms, rented at $1,650/month � Unit 3: Two bedrooms, rented at $950/month � Unit 4: Three bedrooms, currently vacant With one unit available, there�s immediate potential to increase revenue by leasing the vacant space. Property Highlights: � Total of 11 bedrooms and 4 bathrooms across all units � Each unit features a comfortable layout suitable for various tenant needs � � Conveniently located near I-94, providing easy access to downtown Detroit, just a 10-minute drive away ? This property presents an excellent opportunity for both seasoned investors and those new to real estate investment. The combination of occupied units generating steady income and a vacant unit ready for occupancy makes this a compelling addition to any portfolio. Financial Overview: � Current monthly rental income: $4,250 � Potential monthly rental income (fully occupied): $5,900 � Annual gross income potential: $70,800 Don�t miss out on this chance to invest in a property with substantial income potential in a prime Detroit location. Contact us today to schedule a viewing or for more information.

ADDITIONAL INFORMATION

Jefferson-Chalmers House Hack-ready brick duplex, the upper flat already with a tenant in place, and income producing. This versatile residence is also ideal for investors looking for a stable and well-maintained home. The main floor offers a welcoming living room with a natural fireplace and pewabic tile, a pristine, vintage kitchen, two bedrooms, and a full bath; newer LVP runs throughout the first floor. The second-floor unit includes two additional bedrooms, a full bath, a second living room, and a kitchen renovated in 2022, LVP throughout, plus a screened balcony looking into Grosse Pointe. Separate rear entrances provide privacy for each level, enhancing rental potential. Recently updated, the home boasts a newer roof, vinyl windows, basement glass block windows, a fully brick exterior, dual furnaces and central AC installed in 2022, a shared hot water tank (2022), and separate electrical panels (2022). Additional features include a fenced backyard, garage with opener, and a partially-finished basement with full bath. Located in the Historic Jefferson-Chalmers District, with parks, boat access, dining at the end of the street, and easy access to the Detroit River, Lake St. Clair, Downtown Detroit, and the Grosse Pointes.

ADDITIONAL INFORMATION

This well-maintained two-family property is a prime investment opportunity. 2311 (unit) is already generating steady income with a lease in place until June 2025. Recent updates throughout the property provide peace of mind and reduced maintenance costs for years to come. Recent Upgrades Include: New Roof (2024) Updated Furnaces (2023) New Water Heater (2023) Upgraded Plumbing (2023) Renovated Bathrooms (2023) Modernized Electrical Systems (2024) The downstairs unit is currently vacant, offering immediate rental income potential or owner-occupancy. With all these upgrades and a competitive price, this property is truly priced to sell! Donââ?¬â?¢t miss out on this fantastic investmentââ?¬â??schedule a showing today!

ADDITIONAL INFORMATION

Welcome to this amazing multi-family home in the highly sought-after Core City neighborhood of Detroit, just waiting for your finishing touches!! This property offers two units, each with its own entrance, perfect for those looking for an investment property to live in while renting out the other. This property features original hard wood floors, with the kitchens and restrooms being tile. The third floor of the home has additional space that can be finished for living or entertaining. Just a few short minutes away from all Downtown Detroit Festivities. Just North of Corktown!! SELLER IS NOW CONSIDERING LC FINANCING WITH AT LEAST 50% DOWN. CALL FOR DETAILS.

ADDITIONAL INFORMATION

This duplex is being sold as-is, where-is. Owner believes that each unit has 2 bedrooms and 1 bathroom, but we are not sure. There is a non-paying tenant in the home, he will not be removed prior to closing. Tenant(s) come with the house and will require an eviction. Please do not approach. No showings will be allowed, owner does not have access to the house because of the tenants/squatters. BATVAI. Agent is related to Seller

ADDITIONAL INFORMATION

This well-maintained 7-unit property is a fantastic investment, with 5 units currently rented and generating steady cash flow. The property offers a mix of 3 one-bedroom units and 4 two-bedroom units, providing great rental versatility. Don�t miss the opportunity to tour this income-producing asset today!

ADDITIONAL INFORMATION

This well-maintained property offers 12 one-bedroom units, all updated in 2022. Tenants enjoy the convenience of on-site laundry facilities, and property management is in place for smooth operations. Tenants are responsible for electricity, while the owner covers gas and water expenses.

ADDITIONAL INFORMATION

Welcome to 15782 Ohio, a Tenant Occupied Brick 2 unit 2 story Colonial Multifamily home located in the Fitzgerald / Marygrove area. Walking distance to the Ella Fitzgerald Greenway Park Path that connects The Marygrove Conservancy to The University of Detroit Mercy area. Home has newer model 3 dimensional design style roof, remote CCTV security monitoring on site and very well maintained original wood highlights throughout. Each unit has a sizable kitchen and separated dining room area. Living room flows into a dining area to be redesigned to marry the kitchen in a lovely union of open floor concept design, a great reward for those with the expertise and know how to do so. Walking distance from Marygrove College, Marygrove Early Education Center and Marygrove Highschool. Located near public transportation, Lollo Park, Ella Fitzgerald Park, Urban League of Detroit & Southeastern Michigan, Mary McLeod Bethune Elementary-Middle School, Grocery stores, The Avenue of Fashion and other fine points of interest. Home is very close to the John C. Lodge Freeway, a direct route to the newly remodeled Downtown Detroit area! Shown by appointment with 48 hour advance notice to qualified buyers, only after offer submission based upon inspection. Please do not approach property without a licensed agent and prior appointment, tenant has legal right to quiet peaceful enjoyment. Home being sold "As Is" with Warranty Deed transfer. Agent related to principle. Buyer representative to verify all information and water read ~ BATVAI ~ 495 office transaction fee buyer payable at closing.

ADDITIONAL INFORMATION

Discover this beautifully renovated brick multifamily unit featuring 3 spacious bedrooms (each unit) and 2 baths. Perfect for rental income or live in one unit while renting the other. Large dining and living rooms, lot of light from windows, original wood floors. Recent upgrades completed in 2024 include: Electric, plumbing, HVAC system, kitchen and bath remodeled with granite countertops and luxury vinyl flooring in both units. Exterior features: new cement driveway to backyard, newer windows, covered porch and deck, refreshed doors and landscape for home beautification. Fantastic opportunity to invest or own in an upcoming Detroit area. Located few miles outside of Downtown. BATVAI

ADDITIONAL INFORMATION

Unlock the Potential of This Brick Quadruplex Imagine the possibilities with this classic brick quadruplex. Each unit features 2 bedrooms, a living room, dining room, kitchen, and bath, providing comfortable living spaces for tenants. With separate utilities and hardwood floors, this property offers both character and convenience. Don't miss this chance to build equity and secure your financial future.