9-Unit Brick Asset | East Detroit / Grosse Pointe Park Border
Acquire at a Detroit basis with immediate Grosse Pointe Park demand. Located on a prominent hard corner (Vernor Hwy & Ashland St), this durable 1925 brick building offers a mid-repositioning opportunity with reliable cash flow and clear upside.
Key Investment Highlights
Fully Occupied: Stable, turn-key income in place today (6 of 9 units are Section 8).
Prime Border Location: High visibility, strong traffic counts, and spillover demand from neighboring Grosse Pointe Park.
Value-Add Upside: Mid-repositioning asset with significant opportunity to mark rents to market on turnover.
Favorable Terms: Located in FEMA Flood Zone X (lower insurance costs, cleaner financing).
Strategic Access: Minutes from Mack Ave retail, Alter Rd, and Downtown Detroit.
East-side corridor assets this close to the Pointes move quickly.
7,000 Sq Ft
3,049.2 Sq Ft ロットサイズ
投資
$1,845 月々の税金
Built in 1925
MLS/物件ID 20261057305
9 ユニット
Heating - Forced Air
Heating - Natural Gas
地下室
ブリック・モルタル
Construction - Brick
Parking - On Street
ペット可
月額総費用
$0
$0
$0
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