REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 6,850,000
Est. payment | /mo
150,689 SqFt
$ 6,850,000
Est. payment | /mo
150,689 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 150,689 sqft
Price per Sqft $45
MLS Listing ID A11790556
HOA Y/N No
Lot Size 4.870 Acres
Property Sub-Type Multi Family
Property Description
CALLING ALL INVESTORS!! This Russell Woods apartment complex has 156 units and is a ADD VALUE INVESTMENT/OPPORTUNITY!! 60% occupied! 100 one bed/one bath and 56 two beds/one bath units. Occupied units are in great condition. Vacant units just need turned and rented. This complex is made up of 12 plus buildings on one plot of land! Rare find. Fenced property. Some of the roofs have been updated/replaced. Most of the windows have been updated to vinyl. Half the complex is boiler heat and the other half has furnaces in each unit. Great mix! Good rents. Located in the great Russell woods community of Detroit! This will be a cash cow once units are turned and fully occupied! Serious buyers only please!
Location
State MI
County Other
Area 5960 Us Not Florida
Exterior
Private Pool Yes
Building
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11790556
Listed by Keller Williams Eagle Realty
GET MORE INFORMATION
Renyel Rivero & Severiano Fernandez
Real Estate Consultants