Current seller has owned and managed property for last 20 years. Turnkey 8-unit investment opportunity in Detroit’s desirable Davison–Schoolcraft neighborhood! This well-maintained multifamily property features 100% occupancy with all units updated and leased. Each of the eight units offers 2 bedrooms and 1 full bathroom, currently generating $1,000 per month per unit, providing strong and consistent cash flow from day one.
Ideally located just off Interstate 96 for easy access throughout Metro Detroit, and minutes from major area anchors including University of Detroit Mercy, Detroit Golf Club, and nearby hospitals. This location supports stable tenant demand and long-term growth potential.
Whether you're expanding your portfolio or securing your first multifamily asset, this is a fully occupied, income-producing property with minimal upfront work needed. Sq.Ft source is Realist. Each unit has it's own furnace. Tenants pay electrical and gas. Landlord pays water. Buyer and BA to verify all info. Basement sq ft is estimated based off total sq ft. Some of the mls information is based on another address as theirs was no PRD for subject address.
5,832 Sq Ft
0.28 Private Acres Lot Size
investment
$18,932 Annual Tax
Built in 1927
MLS/Listing ID 20261025626
8 Units
Style - Townhouse
Construction - Brick
Brick Mortar
Basement
Heating - Natural Gas
Heating - Forced Air
TOTAL MONTHLY COST
$0
$0
$0