MLS # 20261036969 (Realcomp)

Value-add multifamily investment opportunity located at 10400 Whittier in Detroit. This 16-unit apartment building features a desirable unit mix of 14 one-bedroom units and 2 two-bedroom units. Currently approximately 40% occupied, the property offers significant upside through renovations, lease-up, improved operations, and rent stabilization. Ideal opportunity for an investor looking to add value and increase cash flow in Detroit’s multifamily market. Property needs rehab and is being sold as-is. Buyer to verify all information, including unit count, occupancy, rents, expenses, and city requirements.
Source: SparkMLS
Located in Denby in Detroit, this property offers 16-bath, with original construction dating to 1958.
Listed at $500,000.
Estimated annual property tax: $19,018, or about $1,585 monthly. Estimate is based on county assessor records and current millage rates; actual tax may vary with PRE status and recent assessment changes.
Electric service is provided by DTE Electric Company; natural gas by DTE Gas Company.
Location
Construction & Systems
Sale & Financing
Source: SparkMLS
Source: Public Records
Legal Description
E WHITTIER 89 THRU 85 LEIGH G COOPERS NOTTINGHAM HIGHLANDS SUB L55 P90 PLATS, W C R 21/887 103 X 90
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Eligible — 0% Down Payment Available
Verify eligibility at USDAListed by LaCretia Baldwin
EXP Realty Main
Municipality: Detroit
School district: DETROIT CITY SCHOOL DISTRICT
County: Wayne
Estimate based on SEV for a new buyer (taxable value resets to SEV on transfer). Actual taxes may vary. MI Treasury PT Estimator
Estimate only. Does not include PMI or other fees. Consult a lender for exact rates.
DTE Electric Company
Investor-Owned
DTE Gas Company
Investor-Owned
MI Public Service Commission service territory boundaries.
Property
10400 Whittier Street, Detroit, MI 48224
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Neighborhood
Denby
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Community
Detroit
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County
Wayne County
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