MLS # 20261044815 (Realcomp)

18-Unit fully renovated brick apartment building 10 minutes on car from Wayne State University, Detroit Medical Center, and Midtown, one of Detroit's strongest rental corridors. Mix of 1 and 2-bedroom units with extensive recent updates throughout. Strong cash flow with value-add upside as remaining units are leased to market rates. do not disturb tenants. Currently approximately 50% occupied, collect rents Day 1 while filling remaining units at market rates
Source: SparkMLS
This 18-bath home built in 1927 sits in Durfee in Detroit.
Asking $999,999.
Annual property taxes run approximately $3,729 ($311/month). 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
W LA SALLE 194-195 ROBERT OAKMANS INDIANDALE SUB L34 P91 PLATS, W C R 10/131 80 X 110
FEMA Flood Zone: Zone X — Minimal flood risk
Source: FEMA NFHLUSDA Rural Development: Not Eligible
Verify eligibility at USDAListed by Paris Laurent
RE/MAX Leading Edge
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
13233 La Salle Boulevard, Detroit, MI 48238
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Neighborhood
Durfee
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Community
Detroit
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County
Wayne County
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