10311 Cadieux Road
Detroit,
MI
48224
Property Details
List Price: |
$675,000 |
Beds: |
-- |
Baths: |
12 |
Status: |
Pending |
SqFt: |
7228 |
Agency: |
Downtown Realty |
Description/Comments
Lot Size: |
-- |
Property Type: |
MultiFamily |
Year Built: |
1962 |
Notes: |
Rare opportunity don't let this pass you by. 100% occupancy and all rents are at market rate. The average rent is just over $1000. No deferred maintenance, start cash flowing from day 1. 10 of the 12 units are section 8 with regular rent increases each year. All tenants are in a lease. The owner pays for water, heat, and some electricity. The water bill averages $400. Also, the taxes were just lowered. This means more cash in your pocket. No showings without an accepted offer. The buyer will receive a warranty deed, title insurance, and a clear title. The buyer is to pay a $495 transaction fee to Downtown Realty. The agent is part of the LLC selling the property. ***DO NOT DISTURB THE TENANTS*** |
MlsNumber: |
20240018770 |
Estimate Your Monthly Payment
Listing Provided By: |
Downtown Realty, original listing |
Name: |
Downtown Realty |
Phone: |
(313) 466-7253 |
Office Name: |
Downtown Realty |
Office Phone: |
(313) 466-7253 |
Agent Name: |
Guy R Gailliard |
Disclaimer: |
Copyright © 2024 Realcomp Limited II. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |