16 Baths
$599,900
16 Baths
10944 Sq FT
$54.82 Price per Sq Ft
**INVESTORS** This is your opportunity to add an updated 16 unit brick apartment building to your portfolio! The property has 7 of the 16 units occupied! The property was significantly updated in 2022, with updates including all-new windows, a new roof, 2 new boilers and HWTs, some updated electrical and plumbing, 5 of the 16 units were completely remodeled w/ updated kitchens and bathrooms, and the remaining 11 have had rental turnovers completed! Best of all, this is both a turn-key and value add property, as the front half of the basement has space to add 4 units and has been gutted in preparation for the new owner to begin the work. Each unit's electricity and cooking gas are metered separately while the owner pays for heating, common area electric, and water. The property is also located a few blocks away from Chrysler/Stellantis's new auto manufacturing plant which is expected to have a positive economic impact on the surrounding areas. Transfers will be subject to reporting when buyers use entities or trusts to take title to residential real estate, when the transaction is all-cash, privately financed, or HELOC.
RE/MAX Leading Edge
Listed on : September 5, 2025
292
Home Type
Est. Annual Taxes
Year Built
Lot Details
Parking
Home Design
Interior Spaces
Kitchen
Flooring
Bedrooms and Bathrooms
Laundry
Finished Basement
Home Security
Pool
Outdoor Features
Location
Utilities
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.