Current seller has owned and managed property for last 20 years. Turnkey 8-unit investment opportunity in Detroit's desirable Davison–Schoolcraft neighborhood! This well-maintained multifamily property features 100% occupancy with all units updated and leased. Each of the eight units offers 2 bedrooms and 1 full bathroom, currently generating $1,000 per month… Read More per unit, providing strong and consistent cash flow from day one. Ideally located just off Interstate 96 for easy access throughout Metro Detroit, and minutes from major area anchors including University of Detroit Mercy, Detroit Golf Club, and nearby hospitals. This location supports stable tenant demand and long-term growth potential. Whether you're expanding your portfolio or securing your first multifamily asset, this is a fully occupied, income-producing property with minimal upfront work needed. Sq.Ft source is Realist. Each unit has it's own furnace. Tenants pay electrical and gas. Landlord pays water. Buyer and BA to verify all info. Some of the mls information is based on another address as theirs was no PRD for subject address. Read Less
Courtesy of Keller Williams Somerset.
Listing Snapshot
Days Online
17
Last Updated
Property Type
Commercial/Industrial
Square Ft.
5,832
Lot Size
0.28 Acres
MLS Number
60984307
30 Days Snapshot Of 48238
$1k
0%
(avg) sold price
0
-100%
homes sold
28
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Building
5,832 square feet
Exterior Features
Brick
Foundation
Basement
Water Features
Public Water
Heating
Forced Air, Natural Gas
Lot
0.28 acres, Lot size: 122x100
Property
Apartment Bldg, Residential, Commercial
Taxes
Total amount: $18,932
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