18625 Schoenherr Street new Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,054 sqft
Price per Sqft $158
Subdivision Schoenherrs Home Sub
MLS Listing ID 58050170399
Full Baths 8
Year Built 1965
Annual Tax Amount $5,637
Lot Size 8,276 Sqft
Property Description
Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate. This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. 8-Unit Complex: Features updated windows and newer HVAC systems. 12-Unit Complex: Equipped with newer HVAC systems. All Units: 1-bedroom, 1-bathroom layouts in good condition. Heating: No boilers-each unit has a forced-air furnace. Ideal for first-time investors! Rent rolls and expense reports are available upon request. Serious buyers only. Seller financing is available-just ask! Other address included is 14103 Rochelle St, Detroit, MI 48205.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Interior
Heating Forced Air,Separate Meters
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Schools
School District Detroit
Others
Acceptable Financing Cash,Owner May Carry(Purchase Money Mortgage)
Listing Terms Cash,Owner May Carry(Purchase Money Mortgage)