MI > Detroit > Schoenherrs Home Sub
Detroit, MI 48205,18625 Schoenherr Street
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Detroit, MI 48205,18625 Schoenherr Street
Detroit, MI 48205,18625 Schoenherr Street
Detroit, MI 48205,18625 Schoenherr Street
Detroit, MI 48205,18625 Schoenherr Street

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Larry Else

Larry Else

+1(313) 315-3215
$ 800,000
Est. payment /mo
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18625 Schoenherr Street Detroit, MI 48205

8 Baths

5,054 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,054 sqft

Price per Sqft $158

Subdivision Schoenherrs Home Sub

MLS Listing ID 58050170399

Full Baths 8

Originating Board MiRealSource

Year Built 1965

Annual Tax Amount $5,637

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 65x124x65x124

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. Seller financing is available-just ask!

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 21029807

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)

Realcomp MLS
©2025 Realcomp II Ltd. Shareholders
Listed by Justin Zehel of Keller Williams Paint Creek
agent

Larry Else

Broker | License ID: 386964

+1(313) 315-3215

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