17
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$1,100,000
Est. payment /mo
18 Baths
9,000 SqFt
Active
13233 La Salle Boulevard Detroit, MI 48238
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Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,000 sqft
Price per Sqft $122
Subdivision Mi
MLS Listing ID 60994012
Full Baths 18
Year Built 1927
Annual Tax Amount $3,962
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions 80X110
Property Sub-Type Multi-Family
Property Description
investment Opportunity: 18-Unit Multifamily Apartment Building – Detroit, MI!!!! Fully remodeled 18-unit brick apartment building in a strong rental pocket of Detroit, just 10 minutes from Downtown and New Center. Perfect turn-key cash flow property for investors looking to acquire a stabilized asset with immediate income and upside potential. - 18 spacious units (mix of 1-bed and 2-bed layouts)3 stories with solid brick construction, Approximately 50% occupied – collect rents Day 1 while filling the remaining units at market rates Located in a high-demand rental area with consistent tenant interest Extensive recent renovations completed -newer roof All new energy-efficient windows New carpet & flooring throughout units and common area Freshly painted interiors and exteriors New interior & exterior doors Completely updated electrical systems, newer plumbing and hot water tanks Strong cash flow opportunity with value-add upside as remaining units are leased Priced aggressively for quick sale – ideal for 1031 exchange buyers, private investors, or funds looking for stable Detroit multifamily with proven rents and low maintenance for years to come. Don't miss this rare fully renovated, cash-flowing 18-unit building in one of Detroit's rebounding neighborhoods! For financials, rent roll, and private tour, contact listing agent today.
Location
State MI
County Wayne
Area Detroit (82001)
Zoning Multi-Family
Interior
Heating Electric Heat, Forced Air
Fireplace No
Exterior
Exterior Feature Brick
Building
Foundation Basement
Water Public Water at Street
Structure Type Brick
Schools
School District Detroit City School District
Others
Ownership Private
Energy Description Electric
Financing Cash,Conventional
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Munoz Realty Inc
NEARBY SCHOOL & BUSINESS
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