19625 Conant Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48234
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,097 sqft
Price per Sqft $91
Subdivision Burtons Seven Mile Road
MLS Listing ID 58050192591
Full Baths 24
Year Built 1958
Annual Tax Amount $11,534
Lot Size 0.490 Acres
Property Description
Great investment! 24 unit brick apartment complex for sale! This property has all private entrance units, no common areas! This complex offers 1) 2 bedroom 1 bath unit / 23) 1 bedroom 1 bath units! This complex has a laundry room for tenants use! Newer roof. Electric base board heat! NO boiler. Units have been updated and are In great condition. Large parking lot fenced in. Prime location. High $900-$1100 a month rents. Bringing in a 15% cap rate with great cash flow! Whether you are looking to expand your portfolio or make your first investment, this property offers long-term potential with minimal immediate maintenance!
Location
State MI
County Wayne
Area Det 6-8 Dequindre To Conner
Interior
Heating Forced Air,Separate Meters
Building
Foundation Slab
Sewer Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional