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Additional details
$ 1,200,000
Est. payment /mo
Active
19625 Conant ST Detroit, MI 48234
25 Beds
24 Baths
13,097 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type MultiFamily
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
Bedrooms 25
Full Baths 24
Year Built 1958
Lot Size 0.490 Acres
Acres 0.49
Property Sub-Type MultiFamily
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 Area05051Det68Dequindretoconner
Interior
Heating Forced Air, Natural Gas, Separate Meters
Fireplace No
Exterior
View Y/N No
Building
Foundation Slab
Sewer Public Sewer
Water Public
New Construction No
Schools
High Schools Detroit
School District Detroit
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition ShortSaleNo, Standard
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Listed by Justin Zehel of Keller Williams Paint Creek
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