Please check your email for your login details.16 Baths
$900,000
15106 Sq FT
$59.58 Price per Sq Ft
Highlights
About This Home
Strong multifamily investment opportunity! This 16-unit apartment building offers immediate income with 12 units currently occupied, providing solid cash flow from day one. The remaining vacant units present clear upside for increased revenue through lease-up, rent optimization, and value-add improvements over time. Well-positioned on Lahser Road, the property offers convenient access to major freeways, public transportation, shopping, schools, and everyday amenities—helping support consistent tenant demand. This location makes it attractive for both long-term renters and investors focused on stable occupancy. Ideal for both seasoned and first-time multifamily investors, this asset provides multiple strategies to increase value, whether through improving operations, raising occupancy, or repositioning the property within the market. With strong in-place income and additional upside potential, this is a great opportunity to expand or strengthen your investment portfolio.
Listing Agent
Kyrah Willis
Match Realty
Listed on : July 2, 2026
Activity
Days on Market:2
Home Details
Home Type
- ResidentialIncome
Est. Annual Taxes
- $41,576
Year Built
- Built in 1963
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 122x135
Parking
Home Design
Interior Spaces
- 15,106 Sq Ft Home
Kitchen
Flooring
Bedrooms and Bathrooms
- 16 Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
- DetroitCity_Wayne, Michigan
- Wayne County
- Postal Code: 48219
Utilities
- ForcedAir, NaturalGas
- Water Source: Public
- Sewer: PublicSewer
About the Showing Agent
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.
Map
Hassan Scheib