Please check your email for your login details.18 Baths
$1,000,000
11439 Sq FT
$87.42 Price per Sq Ft
Highlights
About This Home
Welcome to 4470 E Outer Dr, a renovated 2-story, 2-building garden style 18-unit brick apartment building. All units are 1-bed, 1-bath situated on a 13,068 sq ft site with great curb appeal. With 8 agency tenants and 10 cash tenants, this building comes fully occupied and stabilized (over $15,000 gross income per month!) with room yet to increase rents significantly without large capital expenditures. Two newer boilers have been installed, the roof is newer, and the windows are newer and vinyl as well. There is also a parking lot with plenty of parking for tenants. Overall, an ideal opportunity to both cash flow now and value add through a simpler business plan of raising rents in already quality units. Offering memorandum, rent roll and P&L are available upon request.
Listing Agent
Joseph Hammel
Keller Williams Somerset
Listed on : November 4, 2025
Co-Listing Agent
Michael Helfant
Activity
Days on Market:194
Home Details
Home Type
- ResidentialIncome
Est. Annual Taxes
- $28,646
Year Built
- Built in 1956
Lot Details
- 0.3 Acre Lot
- Lot Dimensions are 104.00 x 125.00
Parking
Home Design
Interior Spaces
- 11,439 Sq Ft Home
Kitchen
Flooring
Bedrooms and Bathrooms
- 18 Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
- 4470 E OUTER DR
Utilities
- ForcedAir, NaturalGas, SeparateMeters
- 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.
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Alaysia Means