MI
Wayne
Detroit City
48205
18625 Schoenherr Street
18625 Schoenherr Street, Detroit City, MI 48205
Share Listing
Listing Type
Multi Family
Listing Status
active
9
$675,000
Home Details for 18625 Schoenherr Street
Price
$675,000
Type
Residential Income
Bedrooms
8
Bathrooms
8.0
Square feet
5054
Year built
1965
Lot size acres
0.19
County
Wayne
Garage
Days on site
173
MLS Listing#
58050170399
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. Other address included is 14103 Rochelle St, Detroit, MI 48205.
Property Features
Heating Information
- Forced Air
- Natural Gas
- Separate Meters
Cooling Information
- None
Water Features
- Public
Listing Courtesy: Keller Williams Paint Creek - 248-609-8000
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Michigan Regional Information Center.
EXIT UNITED REALTY PROFESSIONALS
611 W. Nine Mile Rd, Ferndale, MI 48220Office
248 677 3220
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