Stacey Ann is a 48-unit multifamily property located in Northwest Detroit, offering stable cash flow with significant room for operational and rent growth. Built in 1965 and renovated in 2021, the property is currently 81% occupied, providing a clear path to increase NOI through lease-up, rent repositioning, and reduced management expenses.
This property is part of the Detroit 2 Portfolio (83 total units), which is currently 87%+ occupied and generating $686,000+ in annual income, offering investors a proven cash-flowing operation with meaningful upside in a supply-constrained rental market.
25,970 Sq Ft
0.7 Private Acres Lot Size
investment
$32,952 Annual Tax
Built in 1965
MLS/Listing ID 20251055692
48 Units
Heating - Baseboard
Heating - Natural Gas
Heating - Radiant
Basement
Construction - Brick
TOTAL MONTHLY COST
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