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57 photos
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$1,150,000
Est. payment /mo
10 Baths
1,296 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,296 sqft
Price per Sqft $887
Subdivision Mi
MLS Listing ID 61026374
Full Baths 10
Year Built 1946
Annual Tax Amount $4,869
Lot Size 4,356 Sqft
Acres 0.1
Lot Dimensions 35X127.43
Property Sub-Type Multi-Family
Property Description
CALLING ALL INVESTORS! This is an exceptional opportunity to expand your portfolio with a package of 8 tenant-occupied properties throughout Detroit, all offered for sale together. The portfolio currently generates $10,950 in monthly rental income, totaling $131,400 annually, providing an immediate income-producing investment. Of the 8 properties, 6 have been renovated between 2024 and 2025, offering updated properties and minimizing the need for immediate renovation work. The portfolio includes a collection of income-producing residential properties throughout Detroit. Photos shown are representative examples of properties within the portfolio featuring renovations. Whether you're looking to expand an existing rental portfolio or acquire a collection of income-producing properties, this package offers an opportunity to add 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
Interior
Heating Forced Air
Fireplace No
Exterior
Exterior Feature Other
Building
Foundation Slab
Water Public Water
Structure Type Other
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Natural Gas
Financing Cash,Conventional
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Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by KW Domain
Nearby Locations
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Christopher Parker
Broker Associate License ID: 164141; 6506049280
Broker Associate License ID: 164141; 6506049280