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Realtyflo Inc

team@dtrdetroit.com +1(313) 466-7253

$ 675,000

Est. payment -/mo

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Price Dropped by $24K

14103 Rochelle Street Detroit, MI 48205

12 Baths

5,330 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,330 sqft

Price per Sqft $126

Subdivision Taylor Park

MLS Listing ID 58050170394

Full Baths 12

Year Built 1929

Annual Tax Amount $3,089

Lot Size 3,920 Sqft

Acres 0.09

Lot Dimensions 35x112x35x112

Source MiRealSource

Property Description

Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate! This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. 8-Unit Complex: Features updated windows and newer HVAC systems. 12-Unit Complex: Equipped with newer HVAC systems. All Units: 1-bedroom, 1-bathroom layouts in good condition. Heating: No boilers-each unit has a forced-air furnace. Ideal for first-time investors! Rent rolls and expense reports are available upon request. Serious buyers only. Other address included is 18625 Schoenherr St, Detroit, MI 48205.

Location

State MI

County Wayne

Area Det 8 To Gratiot/Houston To 7

Interior

Heating Forced Air, Separate Meters

Fireplace no

Heat Source Natural Gas

Exterior

Garage no

Building

Foundation Basement

Sewer Public Sewer (Sewer-Sanitary)

Water Public (Municipal)

Level or Stories 2 Story

Schools

School District Detroit

Others

Pets Allowed Yes

Tax ID 21015312

Ownership Short Sale - No,Private Owned

Acceptable Financing Cash, Owner May Carry(Purchase Money Mortgage)

Listing Terms Cash, Owner May Carry(Purchase Money Mortgage)

Financing Cash,Owner May Carry(Purchase Money Mortgage)

Listed by Justin Zehel of Keller Williams Paint Creek

Realtyflo Inc

Brokerage | License ID: 6505386963

+1(313) 466-7253

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