23 Baths
2,600 SqFt
23 Baths
2,600 SqFt
Key Details
Property Type Multi-Family
Sub Type MultiFamily
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 2,600 sqft
Price per Sqft $86
Subdivision Robert Oakmans Ford Hwy & Glendale
MLS Listing ID 20261069356
Style Triplex
Full Baths 23
Year Built 1927
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type MultiFamily
Property Description
The property features three separate residential units, the property is projected to generate approximately $2800–$3,200 in monthly rental income, depending on final lease-up, upgrades, and market rents, creating the potential for approximately $40,000+ in annual gross rental revenue.
What makes this opportunity particularly compelling is the combination of cash flow and location. The property is near freeways, just a few miles south of the fashion district, which is abundant in restaurants, entertainment and shopping. Property is situated near major employment, medical, educational, transportation, and downtown destinations, creating a broad tenant pool and supporting consistent rental demand. Also for sale is 13181 Stoepel another triplex. Acquire both triplex's maximize your wealth potential and continue to scale up your real estate portfolio.
Location
State MI
County Wayne
Area Area05042Det6Tiregrnfldlivernois
Rooms
Basement Common, Full, Unfinished
Interior
Heating Natural Gas, Radiant, Steam
Fireplace No
Exterior
Parking Features OnStreet
Pool None
Utilities Available AboveGroundUtilities, CableAvailable
View Y/N No
Garage false
Building
Foundation Basement, Block
Sewer Public Sewer, Sewer At Street
Water Public, WateratStreet
New Construction No
Schools
School District Detroit
Others
Senior Community false
Acceptable Financing Cash, Conventional, FHA, FHA203K, VaLoan
Listing Terms Cash, Conventional, FHA, FHA203K, VaLoan
Special Listing Condition ShortSaleNo, Standard
Pets Allowed Yes
Nearby Locations
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Broker Associate Lic# 6506049153