Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Potentially Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer. Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants., At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price
3,370 Sq Ft
3,049.2 Sq Ft Lot Size
investment
$1,166 Monthly Tax
Built in 1930
MLS/Listing ID 20261044105
8 Units
Heating - Forced Air
Heating - Natural Gas
Basement
Brick Mortar
Construction - Brick
TOTAL MONTHLY COST
$0
$0
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