




Listado por CENTURY 21 Curran & Oberski
La Casa multifamiliar en Venta ubicada en 900 E Grand Boulevard, Detroit, Michigan 48207, Estados Unidos actualmente está en venta900 E Grand Boulevard, Detroit, Michigan 48207, Estados Unidos está listado paraUSD490,000.Esta propiedad tiene 5 baños características.
USD490,000
Casa multifamiliar en venta, 900 E Grand Boulevard, Detroit, Michigan 48207, Estados Unidos
- Nº De MLS20251047064
- Cuartos de baño5
- Área de la casa/del terreno
607 m² (6,534 ft²)
Características de la propiedad
Propiedad
- Área de la propiedad:
607 m² (6,534 ft²)
Construcción
- Año de construcción: 1905
Cuartos de baño
- Total de baños: 5
- Baños completos: 5
Descripción
5 Unit Apartment building!! 100% Occupied
Exceptional income-producing opportunity in Detroit's revitalizing Islandview and West Village corridor. This fully occupied 5-unit multifamily building generates $62,400 in annual gross rental income. The property consists of four spacious 2-bedroom units, each approximately 1,200 square feet, and leased at $1,000 per month, along with one large 3-bedroom unit of 1,700 square feet leased at $1,200 per month. The landlord pays only for water, while tenants cover gas and electricity, keeping expenses low and returns strong.
Current rents remain below market, providing a significant opportunity to increase income as the Detroit rental market continues to strengthen. With a cap rate of 8.3% and potential growth up to 10%, this property offers impressive performance and long-term upside. Situated in a vibrant neighborhood near Sonora Missionary Baptist Church, the Detroit Waldorf School, and the Butzel Family Recreation Center, it's ideally located for tenants seeking convenience and community.
Call today to schedule your private tour and secure your next great investment.
Ubicación
900 E Grand Boulevard, Detroit, Michigan 48207, Estados Unidos