Detroit, MI 48228
MLS# 20261079877
Six-unit multifamily investment property located directly across the street from the Dearborn border, consisting of five one-bedroom units and one studio. The property is fully occupied and offers a strong value. All units have been recently renovated, the property offers excellent potential for increased rental income and long-term value appreciation.The property features a brand-new roof, brand-new boiler, new water heater, and newer vinyl windows throughout, significantly reducing near-term major capital expenditure concerns. The building is well positioned for an investor seeking a fully occupied multifamily property with additional upside through renovations and improved rental income.Owner currently pays water, gas, and dumpster expenses. Financial information and rental projections are based on seller-provided information and current market conditions. Buyer and buyer's agent to independently verify all information, including rents, expenses, property condition, taxes, utilities, zoning, and projected income.
Listed by Etaf Mheisen · Apex Realty Centers
Estimate only — principal & interest, no taxes or insurance. Rates change daily; confirm with your lender.
$2,124/mo
$84,000 down · $336,000 financed
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