REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 525,000
Est. payment | /mo
4,790 SqFt
$ 525,000
Est. payment | /mo
4,790 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,790 sqft
Price per Sqft $109
MLS Listing ID 20261035580
Year Built 1959
Annual Tax Amount $6,634
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60X100
Source Realcomp
Property Description
Turnkey 8-unit in historic Jefferson Chalmers. All units are 1-bed, 1-bath w/ expansive layouts & natural light. 100% occupancy, immediate cash flow. The building is currently occupied by safe, long-term, and reliable tenants who treat the property with care, ensuring immediate and stable cash flow for an investor. Tenants pay own electric (individually metered). An added amenity rarely found in this area: dedicated storage units are available on-site, providing extra convenience for tenants and a potential ancillary income stream. With its brick exterior, partial basement, and prime location just minutes from the Detroit River, Grosse Pointe, and downtown, this is a true turnkey investment.
Location
State MI
County Wayne
Zoning Multi-Family,Residential
Direction West of outer drive & North or Harper
Rooms
Basement Basement
Interior
Heating Forced Air
Exterior
View Y/N No
Building
Foundation Block
Water Public
Structure Type Brick
Schools
School District Detroit
Others
Tax ID W21I055868C70
Listed by Brookstone, Realtors LLC
Schools and Properties Nearby