1705 Oakman Boulevard, Detroit, MI 48238
1705 Oakman Boulevard, Detroit, MI 48238
1705 Oakman Boulevard, Detroit, MI 48238
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Leslie Baker

Leslie Baker

+1(616) 218-0650
$799,900
Est. payment /mo
13 Baths
6,098 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Municipality Detroit City

Subdivision Detroit City

MLS Listing ID 50212081

Year Built 1927

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50x120x50x120

Source MiRealSource

Property Description

Calling all investors! 13-unit brick apartment building featuring all one-bedroom, one-bath units. 10 of the 13 units have been fully remodeled, with updated windows throughout the property. The seller has also invested thousands into maintaining the boiler system, keeping it in excellent condition. Low operating expenses with tenants paying DTE, water, and trash. The property is 100% approved for the PILOT program and will kick in next year. Strong rental demand, great market rents, and a convenient location make this an excellent cash-flow opportunity. A solid, updated multifamily property with plenty to offer both new and seasoned investors.

Location

State MI

County Wayne

Exterior

View Y/N No

Others

Tax ID 12004787.

Acceptable Financing Cash

Listing Terms Cash

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Listed by Keller Williams Paint Creek

Nearby Locations

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Leslie Baker

Leslie Baker

+1(616) 218-0650

Agent | License ID: 6506046760

Agent License ID: 6506046760

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