5 Baths
$319,900
5 Baths
2922 Sq FT
$109.48 Price per Sq Ft
LARGE FIVE UNIT MULTI-FAMILY INVESTMENT PROPERTY! LOCATED IN DESIRABLE EAST ENGLISH VILLAGE, SOUTH OF E. WARREN AND WEST OF CADIUEX. UPDATES INCLUDE A NEW BOILER IN 2023, AND SELLER HAS DONE SOME RENOVATIONS THROUGH OUT THE BUILDING. THIS PROPERTY FEATURES FIVE 1 BEDROOM UNITS. EACH UNIT HAS ONE BEDROOM, BATHROOM, HARDWOOD FLOORS, FRIDGE AND STOVES INCLUDED. COIN OPERATED WASHER AND DRYER IN THE LAUNDRY FACILITY IN THE BASEMENT. ALL FIVE UNITS ARE CURRENTLY TENANTED. RENTS FOR EACH UNIT ARE AS FOLLOWS- APT 1S- 700- TENANT IS MONTH TO MONTH APT 1N- 700- TENANT IS MONTH TO MONTH APT 2N- 725- TENANT IN A LEASE UNTIL 5/29/26 APT 2S- 925 SECTION 8 TENANT IN A LEASE UNTIL 1/31/27 APT B AT 600 - TENANT IS IN A LEASE UNTIL 12/31/26. TENANTS PAY ELECTRIC AND COOKING GAS FOR EACH UNIT. OWNER IS RESPONSIBLE FOR GAS FOR HEAT, WATER, SEWER, SNOW REMOVAL AND LAWN MAINTENANCE. PROPERTY IS SOLD AS-IS. ALL DIMENSIONS ARE ESTIMATED AND SHOULD BE VERIFIED. BUYER TO PAY A 295 PROCESSING FEE AT CLOSING.
Detroit Investment Company
Listed on : March 16, 2026
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Lot Details
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Hassan Scheib
Own It Realty
Contact Hassan
As a leading Real Estate investment broker, native Detroiter, and family man, Hassan Scheib commands a firm grasp of investing in the Detroit Metro area. His experience and native intuition have led him from success to success as he has overseen property sales, acquisitions, inspections, construction, and tenant placement. Hassan combines keen business acumen, finance know-how, transparency, and ethics with every deal, and he is skilled in Portfolio Sales, Investor Relations, Strategic Planning, Marketing & Management. Above all else, he understands that the client is at the center of the deal and knows how to listen to their needs, roll up his sleeves, and offer them first-class customized service. Committed and attentive, Hassan is always ready to dip into his expansive professional network, industry experience, care, and meticulous attention to detail to help clients reach their goals.