Please check your email for your login details.5 Baths
$499,999
7996 Sq FT
$62.53 Price per Sq Ft
Highlights
Garage
About This Home
Fully updated and income-producing 5-unit apartment building, offering a strong opportunity for investors. Each unit is currently occupied by reliable tenants, all of whom have been in place for approximately three years and wish to stay. All leases are month-to-month, leaving flexibility for the new owner. Recent upgrades include energy-efficient appliances, a new furnace, and a new hot water tank. No major repairs are needed. Approximately 15 years remain on the tax abatement. Located near expressways, just 15 minutes from downtown Detroit and 20 minutes from Detroit Metro Airport. Great 8.5% cap rate in an up-and-coming Detroit neighborhood.
Listing Agent
Chad Apap
EXP Z Real Estate
Listed on : December 8, 2025
Co-Listing Agent
Demontay Scott
Activity
Days on Market:136
Home Details
Home Type
- ResidentialIncome
Est. Annual Taxes
- $134
Year Built
- Built in 1927
Lot Details
- 0.17 Acre Lot
- Lot Dimensions are 57.6X117.78
Parking
- Garage
Home Design
Interior Spaces
- 7,996 Sq Ft Home
Kitchen
Flooring
Bedrooms and Bathrooms
- 5 Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
- DetroitCity_Wayne, Michigan
- Wayne County
- Postal Code: 48221
Utilities
- ForcedAir, NaturalGas
- Water Source: Public
- Sewer: PublicSewer
About the Showing Agent
Alaysia Means
eXp Realty
Contact Alaysia
Michigan Real Estate Professional Alaysia Means is devoted to servicing future home buyers and sellers in the Metro Detroit Area. Alaysia has a great reputation for going above and beyond for her clients. When working with her, you can count on nothing less than exceptional service and knowledge of the Metro Detroit area. Alaysia's main priority is making sure her clients receive the best service. She is committed to giving professional high quality real estate services. Her outgoing personality and relatable character has her going full speed ahead in her career. Alaysia possesses dynamic qualities that set her apart and enable her to successfully achieve the goals of the buyers and sellers she represents.
Map
Alaysia Means