16 Unit Detroit Apartment Building – 9% cap rate For Sale

  • $849000
  • 16 beds
  • 16 baths
  • 12645 sqft

Why should Detroit be your first stop for investing in apartments? Because of deals just like this!

16 units, 14 occupied, $79,000 in annual net income.

This and other perfect investment properties are the reason why investors should take another look at Detroit real estate.

As the city begins to rebuild, this is the perfect opportunity to get in low and watch your cash flow and value skyrocket.

 

 

 

 

 

 

 

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Price:
$849000
Address:
7 Mile Road- West
Detroit, MI 48219
Square Feet:
12645
Bedrooms:
16
Bathrooms:
16
Terms:
For Sale
Property Type:
Apartment

Additional Features

16 Unit apartment building- 14 units currently occupied

Call (248) 905-1531 for more details

Property Location