Exceptional investment opportunity featuring a fully occupied 4-unit multifamily property with an impressive 12.7% cap rate. Each of the four units offers a comfortable 1-bedroom, 1-bathroom layout, appealing to a broad range of tenants and helping maintain consistent occupancy. The property is currently occupied by long-term, reliable tenants, providing immediate and stable cash flow for the next owner. Situated in a convenient location with easy access to shopping, dining, transportation, and everyday amenities, this property offers both tenant appeal and investment security. The low-maintenance unit layouts and established rental history make this an ideal addition to an experienced investor's portfolio or an excellent opportunity for those looking to enter the… Read More multifamily market. With strong income potential, dependable occupancy, and a proven track record of performance, this turnkey investment property presents an opportunity to acquire a cash-flowing asset from day one. Whether you're seeking portfolio growth, passive income, or a high-yield investment, this fully occupied four-unit property is one you won't want to miss. Read Less
Listing information is provided in part through IDX via MiRealSource and is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Listing is courtesy of Concept Realty, 313-721-6621, the brokerage and MiRealSource Shareholder that originated the listing.
Listing Snapshot
Days Online
75
Last Updated
Property Type
Multi-Family
Square Ft.
1,845
Lot Size
0.19 Acres
MLS Number
61005833
Additional Details
Property Access
Paved Street
Basement
Block
Building
1,845 square feet, 4 total units, Built in 1924, Style: 1 1/2 Story
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
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Mortgage Calculator
Monthly Payment
$0
(Source: Home Junction)
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