Multi-Family Investment Sale

Multi-Family for Sale
Catylist Listing ID: 29898291
Property Subtypes: Low-Rise/Garden
Number of Units: 6 Units
Building Size (RSF): 10,525 SF
Gross Building Area: See Agent
Sale Price: $1,250,000
Unit Price: $208,333.33 Per Unit
Property Use Type: Investment
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/26/2017

Overview / Comments

3-story, 10,525 sq. ft. apartment building. 6 units: 2 bedroom, 1 bath, living
room and kitchen. Basement. Some roof, plumbing and electrical has been
updated within the last year.

Financials

Finance Data Year 2015
Real Estate Taxes - Annual($) $1,838 (Annual)
Finance Data Year 2014
Real Estate Taxes - Annual($) $2,010 (Annual)

Additional Details

Nearest MSA: Detroit-Warren-Dearborn
County: Wayne
Submarket/Township: Detroit - New Center
Tax ID/APN: 01003829
Property Located Between: Erskine Street
Total Number of Buildings: 1
Number of Stories: 3
Year Built: 1910
Parking Type: Surface

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 23,363 125,390 323,466
Median Age: 38.45 37.38 34.97
Households: 12,813 54,485 124,971
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