Remarks

This all-brick, fully occupied 6-unit apartment building is a great cash-flowing investment opportunity! Each unit features 2 bedrooms and 1 bathroom, with recent updates throughout. The property boasts new furnaces, hot water tanks, and plumbing, ensuring minimal maintenance costs. Each unit is separately metered, maximizing tenant responsibility for utilities. Three units are leased through Section 8, providing reliable rental income, while the remaining three are standard market-rate tenants. Short-term seller financing available, making this an excellent opportunity for investors looking to expand their portfolio with flexible terms.

Details

MLS#: 20250014438
Price: $449,900

Style: Real Estate Only
Sq Ft: 6996
Year Built: 1925

County: Wayne
Subdivision: ROBERT OAKMANS TWELFTH ST (PLATS)
Lot Size: 0.12
Tax Fee: 16290.0

School District: Detroit