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$ 2,240,000
Est. payment | /mo
20 Baths
3,920 Sqft Lot
$ 2,240,000
Est. payment | /mo
20 Baths
3,920 Sqft Lot
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 20261068828
Year Built 1914
Annual Tax Amount $5,930
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 36X106.3
Source Realcomp
Property Description
CALLING ALL INVESTORS! This is an exceptional opportunity to expand your portfolio with a package of tenant-occupied properties, all offered for sale together. The portfolio currently generates $21,792 in monthly rental income, totaling $261,504 annually, providing an immediate income-producing investment. Of the 16 properties, 14 have been renovated between 2023 and 2025, offering updated properties and minimizing the need for immediate renovation work. The package includes one duplex and 15 single-family homes, providing a diverse mix of income-producing residential properties. Whether you're looking to expand an existing rental portfolio or acquire a substantial collection of income-producing properties, this package offers an opportunity to add significant scale in one transaction. See attached documents for additional property details, rental information, and portfolio specifics. ***Photos shown are representative examples of properties within the portfolio featuring renovations. ***
Location
State MI
County Wayne
Zoning Residential
Direction Detroit
Exterior
View Y/N No
Building
Water Public
Structure Type Other
Schools
School District Detroit
Others
Tax ID W14I002626S
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by KW Domain
Schools and Properties Nearby