18625 Schoenherr Street
Detroit, MI 48205
5054 sqft | 8 beds | 8 baths | 0.19 acres | #58050170399
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! Other address included is 14103 Rochelle St, Detroit, MI 48205.
Property Details
- SubdivisionSCHOENHERRS HOME SUB
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- MLS #58050170399
- Property SubtypeMultiFamily
- MLS #58050170399
- FoundationBasement
- Original List Price$800,000
- Parcel Number21029807
- School DistrictDetroit
- Utility SourcePublic
- Taxes Annual$5,637
- Cost800000
- CountyWayne
- Acres0.19
- Square Feet5054
- Year Built1965
- Bedrooms8
- Bathrooms8
- Full Baths8
- Stories2
- Days on Market (Cumulative)4
Location
Legal
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Last Updated: . Source: REALCOMP
Listing Courtesy
Listing Agent: Justin Zehel (#58000000281311), Email: Zehel@proteamkw.com
Listing Office: Keller Williams Paint Creek (#58000000016575)
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