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Listed price in listed location currency (USD).
$580,000

10120

MLS® 5050220846

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 2881 sqft
Garage 
Taxes $8,478
Days Active 0
Lot Size 0.1 Acres
Approx. Age 1927
Avg. Price Per Sqft $201
MLS® Number 5050220846

Property Address: 12564 Pinehurst Street, Detroit, MI, 48204

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity featuring a 12-unit income-generating apartment building. 10 of the units are 1 bed 1 bath and 2 of the units are studios. Tenants are responsible for their own electric and gas utilities, while the owner pays for water. Several occupied units have already been renovated with fresh paint and modern flooring. The vacant units may require some updating, and offer an opportunity for an investor to renovate and increase overall rental income. Market rents are estimated at approximately $700"“$750 per unit. Land contract terms are available with a $50, 000 down payment.
MLS® Number5050220846
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1927
Basement
Driveway
Garage Spaces
HeatElectric, Forced Air, Separate Meters
A/C

Extras

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