9501 Iris new

Detroit,MI 48227

$ 999000

- Bed

58 Baths

58102 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 58,102 sqft

Price per Sqft $17

Subdivision Mi

MLS Listing ID 60934838

Style 2 Story

Full Baths 58

Year Built 1938

Annual Tax Amount $5,701

Lot Dimensions 100 x 40

Property Sub-Type Multi-Family

Property Description

Amazing INVESTOR Opportunity! Prepped and ready for final renovations 58 unit apartment complex. Some units have already been completed and others need drywall and final touches. Property features (52) 1 units and (6) 2 bedroom units with 1 bath. All Units need turned and rented. Will be a cash cow for an investor at an amazing $40K estimated monthly income and $475K annual estimated income. Property is located near schools, shopping, public transportation and more. Ample amount of parking spaces! Serious buyers only. Seller financing is unavailable. Looking for cash buyers. Please due your due diligence. Property Sold AS IS. BATVAI

Location

State MI

County Wayne

Area Northville (82339)

Zoning Multi-Family

Rooms

Basement Common

Interior

Heating Forced Air

Fireplace No

Exterior

Exterior Feature Brick

Building

Story 2 Story

Foundation Basement

Water Public Water at Street

Structure Type Brick

Schools

School District Detroit City School District

Others

Ownership Private

Energy Description Natural Gas

Financing Cash,Conventional,Conventional Blend

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