$829,900
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Address not provided Detroit, MI 48209
Multi-Family
Residence
Beds
Baths
12,964
Sq. Ft.
0.17
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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Welcome to your next investment opportunity in the heart of Southwest Detroit! This 10-unit building is a beacon of potential, boasting numerous features that make it a lucrative addition to your portfolio.The upgraded units in this building command top dollar, with rents reaching up to $1,200 per m...onth. This means a potential annual income of around $140,000 when all units are fully upgraded.Southwest Detroit is experiencing rapid appreciation, making this property an even more attractive investment. The neighboring $4.4BN Gordie Howe Bridge development is scheduled to complete next year. Its surrounding areas have seen significant development, making it an exciting time to invest in this community.Each unit in this building is individually metered.
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Source MLS
MiRealSource
Originating MLS
Greater Metropolitan Association of REALTORS
MLS#
70418712
Property Type
Multi-Family
Year Built
1923
Square Feet
12,964
sq. ft
Lot Size
0.17
Sewer
Public Sewer
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