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About the Listing 97297 - 631134
Amazing INVESTOR Special! Don't miss this amazing opportunity in a rapidly developing neighborhood! This 58-unit Complex is vacant and primed for completion. Some units are already renovated while other need drywall and finishing touches. Property features (52) 1 units and (6) 2 bedroom units with 1 bath. Projected Income: $40,000 monthly / $475,000+ annually at 80% occupancy (higher at full occupancy). Location highlights: Close to schools, shopping, public transportation and more. Parking: Plenty of on-site parking spaces available. Cash Buyers Only,- no seller financing. Property Sold AS IS. Buyer to perform due diligence. Serious inquires Only. This property has the potential to be a true cash-flow machine once stabilized.
Listing Highlights for 9501 Iris
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
60934838
Year Built
1969
Total Square Footage
45,312
Lot/Acreage
0.93
Interior Details
- Bedrooms: 0
- Bathrooms: 58 Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 45312
- Below Ground Sq Ft: n/a
- Basement: Common
- Other:
- Water: Public Water at Street
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 100 x 40
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer: Public At Street
Financial Details
- Tax Amount: $21,493
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
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Listing Location
Questions About..
9501 Iris Detroit, MI 48227
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