13535 LA SALLE Boulevard Active Save Request In-Person Tour Request Virtual Tour
Detroit,MI 48238
Key Details
Property Type Multi-Family
Sub Type Cape Cod,Victorian,Traditional
Listing Status Active
Purchase Type For Sale
Square Footage 11,075 sqft
Price per Sqft $81
Subdivision Robert Oakmans Twelfth St (Plats)
MLS Listing ID 20251019653
Style Cape Cod,Victorian,Traditional
Bedrooms 16
Full Baths 19
Year Built 1929
Annual Tax Amount $12,330
Lot Size 8,276 Sqft
Acres 0.19
Lot Dimensions 76.00 x 110.00
Property Sub-Type Cape Cod,Victorian,Traditional
Source Realcomp II Ltd
Property Description
Rare opportunity on this Value Add Multi Family comprised of 19 units. Full brick well maintained building in the heart of Detroit. All units have been renovated. Unit mix consists of (14) one bedroom units, (1) two bedroom units ,(4) studio units. Strong financials with a projected 12.5%+ cap rate with all 19 units rehabbed. Each hallway and common areas are updated. Each unit has its own electric meter, Plenty of crucial upgrades completed including new boiler, common area and unit renovations, and many other capital upgrades totaling 250,000. The exterior has been impeccably maintained with a newer Spanish clay tile roof on the building, newer windows, and parking available for tenants. All tenants are in great standing with management, and management is offering a one or two year transition management agreement to the new investor. Conveniently located near major highways making commuting to nearby landmarks such as Wayne State University and Downtown Detroit. Don't miss out on this amazing opportunity.
Location
State MI
County Wayne
Area Det: Livernois-I75 6-Gd River
Zoning Commercial,Multi-Family,Residential
Direction Davison/96
Rooms
Basement Partially Finished,Walk-Up Access,Common Storage Locker,Common
Interior
Interior Features Carbon Monoxide Alarm(s),Laundry Facility,Fire Alarm
Hot Water Natural Gas
Heating Radiant,Steam
Cooling Wall Unit(s)
Fireplace no
Heat Source Natural Gas
Laundry 1
Exterior
Exterior Feature Lighting,Private Entry,Fenced
Garage Spaces 25.0
Roof Type Rubber,Tile
Road Frontage Paved
Garage no
Private Pool No
Building
Foundation Basement
Sewer Public Sewer (Sewer-Sanitary)
Water Public (Municipal)
Architectural Style Cape Cod,Victorian,Traditional
Level or Stories 3 Story
Structure Type Brick
Schools
School District Detroit
Others
Pets Allowed Yes
Tax ID W10I008797S
Ownership Short Sale - No,Private Owned
Acceptable Financing Cash,Conventional,Warranty Deed
Rebuilt Year 2024
Listing Terms Cash,Conventional,Warranty Deed
Financing Cash,Conventional,Warranty Deed