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Real Estate and Homes   USA   MI   Detroit Area   Single-Family Home   5 BR -

Home For Sale In Detroit, Michigan

Dmitriy Selektor

This listing was posted on RealtyWW.

$385,000

Home For Sale In Detroit, Michigan

Price:
$385,000
BR/BA:
5 BR, 7 BA
Location:
13521 E Mcnichols Rd, Detroit, MI
Description:

Great Investment Opportunity!!! Well Maintained, Stabilized and Producing 7 unit Apartment Building. Offered at 11% CAP rate. Next door - 13535 (23 units) McNichols is also available for sale. Properties are next to each other and might be sold together. Currently producing at a $63k a year Gross. Current Net income is $43, 811. Projected gross income once fully leased $68, 200. Landlord pays water, gas, electric. Needs advance notice to show. Do not disturb tenants.For more details: https://realtyww.info/homes_detroit-d523358/for-sale_i71514373
Property Type:
Single-Family Houses
Posted:
May 6 on RealtyWW
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