Discover this well-maintained 11-unit apartment building located in the heart of Detroit. The property features 4 spacious two-bedroom units and 7 comfortable one-bedroom units, offering a versatile mix to attract a wide range of tenants.
Strong Occupancy: 9 of 11 units currently leased, providing immediate cash flow.
Tenant-Paid Utilities: Each unit is separately metered for electric, with tenants responsible for their own usage.
Landlord-Paid Water: Simplifies utility management for residents.
Investment Potential: Opportunity to increase income with two vacant units ready for new tenants or updates.
This property is ideal for an investor seeking a stable, income-producing asset with room for growth. Conveniently located near major roads, schools, and amenities, this building offers both short- and long-term upside potential in Detroit’s rental market.
*Showings by appointments by only.