Six-unit multifamily investment property located directly across the street from the Dearborn border, consisting of five one-bedroom units and one studio. The property is fully occupied and offers a strong value. All units have been recently renovated, the property offers excellent potential for increased rental income and long-term value appreciation.… Read More The property features a brand-new roof, brand-new boiler, new water heater, and newer vinyl windows throughout, significantly reducing near-term major capital expenditure concerns. The building is well positioned for an investor seeking a fully occupied multifamily property with additional upside through renovations and improved rental income. Owner currently pays water, gas, and dumpster expenses. Financial information and rental projections are based on seller-provided information and current market conditions. Buyer and buyer's agent to independently verify all information, including rents, expenses, property condition, taxes, utilities, zoning, and projected income. Read Less
Courtesy of Apex Realty Centers.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Commercial/Industrial
Square Ft.
3,400
Lot Size
0.1 Acres
MLS Number
61035579
30 Days Snapshot Of 48228
$1k
-14%
(avg) sold price
2
-66%
homes sold
135
+335%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved Street
Building
3,400 square feet
Exterior Features
Brick
Water Features
Public Water
Heating
Hot Water, Natural Gas
Lot
0.1 acres, Lot size: 43.5X100
Property
Residential
Taxes
Total amount: $5,108
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