9
See all 9 photos
$799,900
Est. payment /mo
13 Beds
13 Baths
8,748 SqFt
New
1705 Oakman 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 8,748 sqft
Price per Sqft $91
Subdivision Mi
MLS Listing ID 50212081
Style More than 2 Stories
Bedrooms 13
Full Baths 13
Year Built 1927
Annual Tax Amount $4,357
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 50x120x50x120
Property Sub-Type Multi-Family
Property Description
Calling all investors! 13-unit brick apartment building featuring all one-bedroom, one-bath units. 10 of the 13 units have been fully remodeled, with updated windows throughout the property. The seller has also invested thousands into maintaining the boiler system, keeping it in excellent condition. Low operating expenses with tenants paying DTE, water, and trash. The property is 100% approved for the PILOT program and will kick in next year. Strong rental demand, great market rents, and a convenient location make this an excellent cash-flow opportunity. A solid, updated multifamily property with plenty to offer both new and seasoned investors.
Location
State MI
County Wayne
Area Detroit (82001)
Interior
Heating Boiler
Fireplace No
Building
Story More than 2 Stories
Foundation Basement
Water Public Water
Schools
School District Detroit City School District
Others
Ownership Private
SqFt Source Realist
Energy Description Natural Gas
Financing Cash
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
Listed by Keller Williams Paint Creek
Nearby Locations
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