Gelistet von CENTURY 21 Curran & Oberski
Gewerbeimmobilien zum Verkauf in 900 E Grand Boulevard, Detroit, Michigan 48207, USA steht derzeit zum Verkauf.900 E Grand Boulevard, Detroit, Michigan 48207, USA ist für 470.000 $ gelistet.
470.000 $ USD
Gewerbeimmobilie zum Verkauf, 900 E Grand Boulevard, Detroit, Michigan 48207, USA
- MLS Nr.20251047515
- Mindestverkaufsfläche
458 m² (4.934 ft²)
Merkmale der Immobilie
Grundbesitz
- Immobiliengröße:
458 m² (4.934 ft²)
Konstruktion
- Jahr der Konstruktion: 1905
Beschreibung
Fully-occupied 5-unit apartment building producing $62,400/year in gross rental income. Consisting of
four 2-bedroom units (1,200 SF each) leased at $1,000/mo and one 3-bedroom (1,700 SF) leased at
$1,200/mo. Landlord pays water; tenants pay gas and electric. Rents remain below market, providing
strong upside potential in Detroit's revitalizing Islandview / West Village corridor.
Highlights
• 100% occupancy with stable tenants
• Below market rent – significant upside
• Cap rate 8.3% with growth potential to 10%
• Landlord only pays water – low expense ratio
• Proximity to Belle Isle, Jefferson Corridor, and Downtown Detroit
• Updated interiors and long-term tenant stability
Standort
900 E Grand Boulevard, Detroit, Michigan 48207, USA