investment Opportunity: 18-Unit Multifamily Apartment Building – Detroit, MI!!!! Fully remodeled 18-unit brick apartment building in a strong rental pocket of Detroit, just 10 minutes from Downtown and New Center. Perfect turn-key cash flow property for investors looking to acquire a stabilized asset with immediate income and upside potential. - 18 spacious units (mix of 1-bed and 2-bed layouts)3 stories with solid brick construction, Approximately 50% occupied – collect rents Day 1 while filling the remaining units at market rates Located in a high-demand rental area with consistent tenant interest Extensive recent renovations completed -newer roof All new energy-efficient windows New carpet & flooring throughout units and common area Freshly painted interiors and exteriors New interior & exterior doors Completely updated electrical systems, newer plumbing and hot water tanks Strong cash flow opportunity with value-add upside as remaining units are leased Priced aggressively for quick sale – ideal for 1031 exchange buyers, private investors, or funds looking for stable Detroit multifamily with proven rents and low maintenance for years to come. Don’t miss this rare fully renovated, cash-flowing 18-unit building in one of Detroit’s rebounding neighborhoods! For financials, rent roll, and private tour, contact listing agent today.
Listed By
Agency Name: Munoz Realty Inc
Agency Phone: (313) 914-7545
Shown By
Agent Name: James Dewling
Agent Phone: (810) 227-1016 ext. 213
Agency Title: Griffith Realty
Estimated Payment
$ 2,768.96 per month $2,448.12 Principal & Interest $0.00 Property Tax (data not provided by mls) $320.83 Homeowner's Insurance
13233 La Salle Boulevard | MLS# 20261035821
This multi-family property located at 13233 La Salle Boulevard , Detroit, MI 48238 is currently listed for sale with an asking price of $1,100,000. La Salle Boulevard is located within the Detroit school district. Search Detroit real estate on james.griffithrealty.com today.