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About the Listing 103418 - 678379
Discover this well-maintained 11-unit apartment building located in the heart of Detroit. The property features 4 spacious two-bedroom units and 7 comfortable one-bedroom units, offering a versatile mix to attract a wide range of tenants. Strong Occupancy: 9 of 11 units currently leased, providing immediate cash flow. Tenant-Paid Utilities: Each unit is separately metered for electric, with tenants responsible for their own usage. Landlord-Paid Water: Simplifies utility management for residents. Investment Potential: Opportunity to increase income with two vacant units ready for new tenants or updates. This property is ideal for an investor seeking a stable, income-producing asset with room for growth. Conveniently located near major roads, schools, and amenities, this building offers both short- and long-term upside potential in Detroit's rental market. *Showings by appointments by only.
Listing Highlights for 20810 W Chicago
Status
Active
Days on Site
11
Property Type
Commercial Sale
MLS ®
60933040
Year Built
19
Total Square Footage
7,796
Lot/Acreage
0.2
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating: Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 7796
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 88x 1000
- Zoning: Multi-Family
- Roof:
- Others:
- Sewer: Public At Street
Financial Details
- Tax Amount: $15,989
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Listing Location
Questions About..
20810 W Chicago Detroit, MI 48228
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