MI
Wayne
Detroit City
48238
13205 La Salle Boulevard
13205 La Salle Boulevard, Detroit City, MI 48238
Share Listing
Listing Type
Multi Family
Listing Status
Active
4
$1,250,000

Home Details for 13205 La Salle Boulevard

Price
$1,250,000
Type
Residential Income
Bedrooms
16
Bathrooms
19.0
Square feet
10686
Year built
1927
Lot size acres
0.2
County
Wayne
Garage
Days on site
7
MLS Listing#
58050199311
Property Description

Beautiful 19-unit brick multifamily investment opportunity now available in the rapidly appreciating Dexter/Linwood area. This high-performing asset is currently 95% occupied, offering immediate cash flow with strong upside potential. The property consists of 16 one-bedroom, one-bath units and 3 studio units, providing a desirable and efficient unit mix in a high-demand rental corridor. This is a true value-add opportunity with the ability to strategically increase rents over time. Major capital improvements have already been completed, including a newer boiler, updated vinyl windows, newer electrical panel, and renovated common areas featuring new flooring, fresh paint, and modern lighting. The building is solid brick construction with a strong foundation and minimal deferred maintenance. Located in one of Detroit's most active and improving rental markets, this property offers both stability and appreciation potential. Ideal for investors seeking strong in-place income with clear room to force value and maximize returns. Serious inquiries only.

Property Features
  • Heating Information
    • Natural Gas
    • Separate Meters
    • Steam
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: Keller Williams Paint Creek - 248-609-8000
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220
Office
248 677 3220
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