18625 Schoenherr Street Active

Detroit,MI 48205

$ 800000

8 Beds

8 Baths

5054 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,054 sqft

Price per Sqft $158

Subdivision Mi

MLS Listing ID 50170399

Style 2 Story

Bedrooms 8

Full Baths 8

Year Built 1965

Annual Tax Amount $5,637

Lot Size 8,276 Sqft

Acres 0.19

Lot Dimensions 65x124x65x124

Property Sub-Type Multi-Family

Property Description

Investor Special! Exceptional investment opportunity with strong, stabilized rents with a 15% cap rate. This package deal includes an 8-unit apartment building and a 12-unit apartment complex, totaling 20 units. • 8-Unit Complex: Features updated windows and newer HVAC systems. • 12-Unit Complex: Equipped with newer HVAC systems. • All Units: 1-bedroom, 1-bathroom layouts in good condition. • Heating: No boilers—each unit has a forced-air furnace. Ideal for first-time investors! Rent rolls and expense reports are available upon request. Serious buyers only. Seller financing is available—just ask! Other address included is 14103 Rochelle St, Detroit, MI 48205.

Location

State MI

County Wayne

Area Detroit (82001)

Interior

Heating Forced Air

Fireplace No

Building

Story 2 Story

Foundation Basement

Water Public Water

Schools

School District Detroit City School District

Others

Ownership Private

SqFt Source Realist

Energy Description Natural Gas

Financing Cash,Purchase Money MTG

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