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
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.
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Hassan Scheib