
$1,500,000 USD
Multi Family Home for Sale, 1241 E Woodward Heights Boulevard, Hazel Park, Michigan 48030
- MLS#20261044209
- 16
1,881 m² (20,250 ft²)
Listed By CENTURY 21 Curran & Oberski
The Multi Family Home for Sale located at 1241 E Woodward Heights Boulevard, Hazel Park, Michigan 48030 is currently for sale. 1241 E Woodward Heights Boulevard, Hazel Park, Michigan 48030 is listed for $1,500,000. This property has 16 bathrooms.
Property features
Property
- Property size:
1,881 m² (20,250 ft²)
Construction
- Year built: 2019
Bathrooms
- Total bathrooms: 16
- Full bathrooms: 16
Description
MAJOR PRICE REDUCTION OF $220,000! NOW OFFERED AT $1,500,000. Rare opportunity to acquire a stabilized 8 unit multifamily asset in Hazel Park, one of Metro Detroit's strongest rental submarkets. With deep tenant demand, low area vacancy, and a workforce housing profile that performs in every market cycle, this building is ideal for investors seeking dependable long term cash flow at a significantly improved basis. Portfolio buyers take note: the adjacent building will be coming to market soon, offering a chance to scale your position in this corridor with two assets side by side. The rent roll is supported by location: minutes from the I75 and I696 interchange, with major employment anchors nearby including the Amazon facility at 10 Mile and Dequindre, Corewell Health Royal Oak, the GM Tech Center in Warren, and downtown Detroit roughly 15 minutes south. Hazel Park's ongoing revitalization, including the growing restaurant and retail corridor along John R, continues to drive tenant demand and rent growth in the area. Residents are served by Hazel Park Schools including Webb Elementary, Hazel Park Junior High, and Hazel Park High School, plus parks, the recreation center, and the district library, amenities that support strong tenant retention and low turnover. Rent roll and financials available to qualified buyers. BATVAI
Location
1241 E Woodward Heights Boulevard, Hazel Park, Michigan 48030