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57 photos
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$2,240,000
Est. payment /mo
20 Baths
1,189 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,189 sqft
Price per Sqft $1,883
MLS Listing ID 61026362
Full Baths 20
Year Built 1914
Annual Tax Amount $5,930
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36X106.3
Property Sub-Type Multi-Family
Property Description
CALLING ALL INVESTORS! This is an exceptional opportunity to expand your portfolio with a package of tenant-occupied properties, all offered for sale together. The portfolio currently generates $21,792 in monthly rental income, totaling $261,504 annually, providing an immediate income-producing investment. Of the 16 properties, 14 have been renovated between 2023 and 2025, offering updated properties and minimizing the need for immediate renovation work. The package includes one duplex and 15 single-family homes, providing a diverse mix of income-producing residential properties. Whether you're looking to expand an existing rental portfolio or acquire a substantial collection of income-producing properties, this package offers an opportunity to add significant scale in one transaction. See attached documents for additional property details, rental information, and portfolio specifics. ***Photos shown are representative examples of properties within the portfolio featuring renovations. ***
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Residential
Rooms
Basement Poured
Interior
Heating Other-See Remarks
Cooling Other
Fireplace No
Exterior
Exterior Feature Other
Building
Foundation Basement
Water Public Water
Structure Type Other
Schools
School District Detroit City School District
Others
Ownership Private
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Domain
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Christopher Parker
Broker Associate License ID: 164141; 6506049280
Broker Associate License ID: 164141; 6506049280