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12927 Plymouth Rd

detroit, MI 48227

US$550,000

  • 10 BA
    approx. 4,467 SF

Interested? Let's Connect

INVESTORS: Cash-flow from day one with this high-performing 10-unit apartment building at 12927 Plymouth Rd, priced to move at $550,000! Currently fully leased and generating $6,000/month in actual rent, this asset delivers an impressive 8%+ Cap Rate with additional room to grow. This rare deal also includes two adjacent vacant parking lots,12913 Plymouth Rd and 12901 Plymouth Rd ( Fenced parking lot ), offering massive value for tenant parking or future development . The property features a low-maintenance brick exterior and gated courtyard, making it a perfect addition to any portfolio. Tenants pay their own electric bills, including for the electric baseboard heat. Please do not disturb tenants. Buyer and buyer’s agent to verify all information; room measurements are approximate. Property is being sold AS-IS. No virtual showings. All buyers must be accompanied by a licensed real estate agent. A signed NDA is required to receive the full Rent Roll.

Details

4,467 Sq Ft

0.28 Private Acres Lot Size

investment

US$8,378 Annual Tax

Built in 1955

MLS/Listing ID 20261014273

10 Units

Amenities & Features

Heating - Baseboard

Heating - Electric

Slab

Cooling - Wall Units

Construction - Brick

Style - Ranch

Estimate my mortgage

TOTAL MONTHLY COST

US$0

  • PRINCIPAL & INTEREST

    US$0

  • PROPERTY TAXES

    US$0

  • Common Charges

    US$0

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Interested In 12927 Plymouth Rd?