18625 Schoenherr Street Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48205
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,054 sqft
Price per Sqft $138
Subdivision Schoenherrs Home Sub
MLS Listing ID 58050170399
Full Baths 8
Year Built 1965
Annual Tax Amount $5,637
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 65x124x65x124
Source MiRealSource
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.
Location
State MI
County Wayne
Area Det 8 To Gratiot/Houston To 7
Interior
Heating Forced Air,Separate Meters
Fireplace no
Heat Source Natural Gas
Exterior
Garage no
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Level or Stories 2 Story
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID 21029807
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Owner May Carry(Purchase Money Mortgage)
Listing Terms Cash,Owner May Carry(Purchase Money Mortgage)
Financing Cash,Owner May Carry(Purchase Money Mortgage)