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$ 675,000
Est. payment /mo
Price Dropped by $24K
18625 Schoenherr Street Detroit, MI 48205
8 Beds
8 Baths
5,054 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,054 sqft
Price per Sqft $133
Subdivision Mi
MLS Listing ID 50170399
Style 2 Story
Bedrooms 8
Full Baths 8
Year Built 1965
Annual Tax Amount $5,637
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 65x124x65x124
Property Sub-Type Multi-Family
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. Other address included is 14103 Rochelle St, Detroit, MI 48205.
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Forced Air
Fireplace No
Building
Story 2 Story
Foundation Basement
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Private
SqFt Source Realist
Energy Description Natural Gas
Financing Cash,Purchase Money MTG
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Paint Creek