Eight 1-bedroom units ideally positioned near Wayne State University, Detroit Medical Center, and Midtown, prime territory for student and workforce housing demand.. Projected gross income of $76,800/year at market rents.. Brick construction, forced air heat, public water/sewer. Minutes from Downtown Detroit, major freeways, restaurants, and local amenities. Cash or conventional financing only. Do not disturb tenants. Call for appointment, At $800/month per unit, projected gross income of $76,800/year with a potential cap rate exceeding 9% at list price
Listed By
Agency Name: RE/MAX Leading Edge
Agency Phone: (313) 277-7777
Shown By
Agent Name: Mike Smith
Agent Phone: (586) 382-3167
Agency Title: Key Realty
Estimated Payment
$ 2,942.69 per month $2,796.86 Principal & Interest $0.00 Property Tax (data not provided by mls) $145.83 Homeowner's Insurance
11744 Cascade Street | MLS# 20261044105
This multi-family property located at 11744 Cascade Street, Detroit, MI 48204 is currently listed for sale with an asking price of $499,999. Cascade Street is located within the Detroit school district. Search Detroit real estate on mikesmith.ikeyrealty.com today.